DIGGING WITH SPOONS

Christopher MarkowskiArticle, Politics and Life0 Comments

NOVEMBER 2011 Free-market economist Milton Friedman travelled to China in the 1960’s. He visited a worksite where the government was building a new canal. Friedman was shocked that modern machinery like tractors and earthmovers were not being utilized to speed and ease construction. He asked his host why there were so few machines. The government bureaucrat explained, “You don’t understand. … Read More