Celebrating "I,Pencil"

  • 2 January 2019
  • NormanL

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.

Dick's learns how markets work

  • 4 December 2018
  • NormanL

Remember when Dick's Sporting Goods said it would no longer sell "assault" weapons in its stores and refuse to sell firearms to anyone under the age of 21? We said the company was free to do whatever it wished, but should not be surprised if a good portion of its customer base decided to take its business elsewhere.