All Posts Tagged With: "human creativity"

Human Creativity

Leonard Read’s most celebrated essay is his brilliant “I, Pencil.” Even Milton Friedman—no slouch at bringing economics to life—acknowledges a debt to Read for demonstrating so vividly the enormous amount of human cooperation routinely achieved by free markets. “I, Pencil” makes clear that the knowledge and cooperation of literally millions of people are necessary to [...]

1Mar2001 | Donald J. Boudreaux | 0 comments | Continued

Nothing Left to Buy?

America is now in the middle of an unparalleled economic expansion. In the fourth quarter of 1999, the economy grew at the frenetic rate of 6.9 percent. The Dow climbs upward. Even some so-called serious people have started to wonder if the business cycle has been abolished. I think we’ll manage to have a recession [...]

1Jun2000 | Russell Roberts | 0 comments | Continued
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