Why the free market is so important - Milton Friedman

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I had tomato soup other day and was thinking how much work has been put in that one can. Hundreds of years of multiple separate industries working together, advancing different technologies. So I can enjoy something easy and quick.

edgarstaskans
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I'm gonna remember this the next time the job interviewer tells me to sell a pencil.

polpojliekwanjaroen
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Classmate: “Can I borrow your pencil?”
Me:

j_rigel
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They spoke the same language. Money. 💰

TheRealManOfCulture
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"to make the steel, you need iron ore. To mine the iron ore, you need a stone pickaxe."

Piev_
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Nothing creates peace like mutual gain.

meemmahn
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I'll bet a lot of people thought pencils came from pencilvania.

williamrainville
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Interviewer: Sell me this pen! 🖊️
Me:

alikhan
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Reject neoliberal pencils
Embrace homemade charcoal sticks

squirrele
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Thats the same pencil John Wick used to kill 3 people

Sinxyz
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So much harmony the Free Market has brought to us via "cooperation" ala union busting and undermining selected sovereign governments.

archaeomom
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Harmony and "peace". I can't imagine there's been complete peace along the way, especially in the non-native rubber farms

beathive
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The free market economy is an economic system where economic resources are owned largely by the private sector with very little state intervention. I happen to do Economics AS/A-level if you were wondering.

rashadakali
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Jodan belfort 🗣 : Sell me this pencil

This guy :

captainarcher
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Love this man His mind so sharp and whether u agree or not he stands up for what he believes Love him

timmonaroman
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The market is so essential to form harmony and peace 🕊️

siddhu
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One of my teachers growing up once explained this concept. He used the example of a hamburger. Think of all the things that go into making a burger. All of the ingredients have to be shipped to a restaurant, probably via road transport. So you have a truck driver that’s hauling a trailer full of meat that will be used to make hundreds if not thousands of burgers. And on their way there, they probably stop somewhere to grab a burger to eat. That burger he ate was made possible by another truck driver transporting meat to the restaurant, and that truck driver very well may have also had a burger on his way, and so on and so forth.

Majored in supply chain management in college because that kind of thing stuck with me and fascinated me.

MarkToast
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It’s amazing what the world will come together and do to benefit the wealthiest of us, yes the beauty in free market the beauty in outsourcing and child labor, the beauty of the affordable extraction of resources it all amounts to us being about to jot down our ideas with ease and enjoy the fruits of the process that is the free market, no language barriers just labor

almightyswizz
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Free market should be for everyone.. Not just for one race or one nation..

abhayinqualabi
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😢😢😢sniff why did that speech tocuhed my heart?? It was so wise ❤

maxtan