Professor Steve Horwitz lectures on the current development of Austrian economics. This lecture was delivered on June 11, 2010 to students attending the Introduction to Asutrian Economics seminar
"One of my favorite economics essays from which I've drawn bottomless inspiration is Leonard Read's 'I, Pencil.' He turned a mundane writing instrument into an elementary study of free-market capitalism. What goes for the pencil goes for any of the products [Steve] Jobs introduced."
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