The Jaw-Dropping Cost of Making Things on Your Own – Efficiency of Free Markets

I had come across the delightful story of how a pencil is made in “I, Pencil: My Family Tree as told to Leonard E. Read”, which highlights why and how the modern free market economy works for all of us.

This recent video on FutureIQ is an excellent short video to understand the story in a short time. Do check it out…

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑