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The Power of the Market(1980)
Status: Released
Date: 1980-01-11
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Time: 0h 48m
Overview:
Dr. Friedman states, "There is not a single person in the world who can make this pencil." He explains that the creation of even a simple object - like the "lead" pencil - requires the knowledge of many people, lumberjacks, steel manufacturers, miners, etc. These people may not speak the same language, they may not know or like one another, yet the market enables them to combine knowledge and effort to produce wealth.
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Movie: The Power of the Market
Top 6 Billed Cast
Milton Friedman
Steve Allen
Arnold Schwarzenegger
Self
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Overview
Dr. Friedman states, "There is not a single person in the world who can make this pencil." He explains that the creation of even a simple object - like the "lead" pencil - requires the knowledge of many people, lumberjacks, steel manufacturers, miners, etc. These people may not speak the same language, they may not know or like one another, yet the market enables them to combine knowledge and effort to produce wealth.
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1980-01-11
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