Many have seen the cover of his book Free To Choose in which Professor Friedman holds a pencil in such a way that begs the obvious question "what's with the pencil?"
Click on the referenced post below to hear the great libertarian professor present & explain the free enterprise cooperation involved in making a simple lead pencil – it is truly astounding when you think of all the steps & people involved from so many corners of the world.
In this same light, Andy George, recently took six months out of his life to show what similar type of cooperation is involved in making a chicken sandwich. The result is a real homemade sandwich that points out how much of capitalism we take for granted in our daily lives – like eating lunch.
Lastly, click on this video that shows the importance of trade to maintaining our standard of living that also demonstrates Professor Friedman's words – "Our gain from foreign trade is what we import. Exports are the price we pay to get imports . . . the citizens of a nation benefit from getting as large a volume of imports as possible in return for its exports, or equivalently, from exporting as little as possible to pay for its imports."
The graph below shows another troubling trend for America in this regard.
click on graph to enlargeReference post: The Cooperation That Is The Free Enterprise Market
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