Economics

I, Pencil

A bit cliché to refer to Leonard E. Read I, Pencil, though a simple explanation for introductory economic students, covering how the market works with not central direction but how social cooperation works from individuals pursuing their own interests. In turn, resources are allocated by the combined and decentralised actions of billions of people.

Source: (Competitive Enterprise Institute, 2012).

All rights reserved for the creators of the show, I do not own any of this material, see terms of use.


Featured image supplied from Unsplash.

Resources

<http://fee.org/resources/i-pencil-audio-pdf-and-html/>.

<http://ipencilmovie.org/>.

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