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Societies for the History of Economics

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Societies for the History of Economics <[log in to unmask]>
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Pat Gunning <[log in to unmask]>
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Thu, 10 Sep 2009 13:44:01 -0400
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Societies for the History of Economics <[log in to unmask]>
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At the risk of distracting the thread, the invisible hand is not 
really about scarcity and resource allocation, is it? Is not more 
accurate to say that it is about how the division of labor -- or in 
today's world -- the diversity of human capital expands? There should 
be some videos on globalization that show this, perhaps some from 
Friedman, Thomas, that is. Milton Friedman's pencil description from 
one of his Free to Choose videos could tell a part of the story.


Pat Gunning

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