Milton Friedman's Pencil essay debunked, only the Free Market can produce Pencils?

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Russia Good
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Published on ● Video Link: https://www.youtube.com/watch?v=TEAdyxeizGs


Duration: 11:36
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The way Friedman presents his Speech/Essay is like only under Capitalism we would have simple products like pencils. And he claims that every exchange is voluntary in the free market which is not the case in Capitalism at all.



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Tags:
Milton Friedman
debunked
Pencils
Pencil essay
Free Market
Pencil
Leonard Read
Pencil production
USSR
Soviet Union
North Korea
power of the market
price system
1958
voluntary