Parts of the federal government have been shut down since Dec. 21. While we are pleased to note the world continues to spin, there are those who believe that a day without all the government we can possibly get is a calamity. Don't buy the hype, folks:
This year marks the 60th anniversary of the publication of one of the more important educational essays on the principles and power of free markets: "I, Pencil," by Leonard Reed. You can read the essay here -- and we urge you to do so. But if you've only got a couple of minutes to spare, the nearby video features the great Milton Friedman discussing the essay.