"Man can live and satisfy his wants only by ceaseless labor; by the ceaseless application of his faculties to natural resources. This process is the origin of property. But it is also true that a man may live and satisfy his wants by seizing and consuming the products of the labor of others. This process is the origin of plunder. "Milton Friedman on: "Lesson of the Pencil" Should be required viewing and discussion for every student in 10th grade and again in 12th grade. Bar Stool Economics explained:
Sunday, October 21, 2012
Share Bastiat with a Friend, Today
Take a moment to think of three people or networks you have that could use a reminder to read through Bastiat's The Law, view a good Milton Friedman video such as The Pencil, or walk through the Bar Stool Economics metaphor again. This links can help:
The Law, by Bastiat
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