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Podcast: The Sunken Treasures
Episode: Free to Choose - Are free markets really free? - Part 2
Description:
Is it possible for a single entity, a great big government staffed by millions of highly intelligent members, to efficiently manufacture a typical pencil?
Milton Friedman argues no.
In Free to Choose, Milton attempts to express how complex systems, whether education, healthcare, or gadget production, are more efficiently managed and developed without any top-down coordination in an economy.
In this episode, we continue our exploration of the ideas embedded in Milton Friedman's TV series Free to Choose.
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