The Power of the Market (1980)
Dr. Friedman states, "There is not a single person in the world who can make this pencil." He explains that the creation of even a simple object - like the "lead" pencil - requires the knowledge of many people, lumberjacks, steel manufacturers, miners, etc. These people may not speak the same language, they may not know or like one another, yet the market enables them to combine knowledge and effort to produce wealth.
Genre: Documentary
Runtime: 48 min
Release Date: January 11, 1980
Cast
Music: Ed Farran
Editing: Brad Drumheller, Bob Chitester
Original Language: en
More Films in Genre: Documentary
Frequently Asked Questions
- What is The Power of the Market about?
- Dr. Friedman states, "There is not a single person in the world who can make this pencil." He explains that the creation of even a simple object - like the "lead" pencil - requires the knowledge of many people, lumberjacks, steel manufacturers, miners, etc. These people may not speak the same language, they may not know or like one another, yet the market enables them to combine knowledge and effort to produce wealth.
- Who directed The Power of the Market?
- The Power of the Market was directed by Bob Chitester, Eben Wilson, Graham Massey.
- Who stars in The Power of the Market?
- The Power of the Market stars Milton Friedman, Linda Chavez, David Brooks, James Galbraith, Steve Allen, Arnold Schwarzenegger.
- How long is The Power of the Market?
- The Power of the Market has a runtime of 48m (48 minutes).
- What genre is The Power of the Market?
- The Power of the Market is a Documentary film.