By Milton Friedman
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Additional info for Free to Choose: A Personal Statement
Example text
Read, in the voice of the "Lead Pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write," starts his story with the fantastic statement that "not a single person ... " Then he proceeds to tell about all the things that go into the making of a pencil. " To cut down the tree and cart the logs to the railroad siding requires "saws and trucks and rope and ... " And so Mr. Read goes on to the bringing of the logs to the mill, the millwork involved in converting the logs to slats, and the transportation of the slats from California to Wilkes-Barre, where the particular pencil that tells the story was manufactured.
Even more important, they encountered little interference from government. Government started playing a major role in agriculture during and after the Great Depression of the 1930s. It acted primarily to restrict output in order to keep prices artificially high. The growth of agricultural productivity depended on the accompanying industrial revolution that freedom stimulated. Thence came the new machines that revolutionized agriculture. Conversely, the industrial revolution depended on the availability of the manpower released by the agricultural revolution.
And its coverage is more systematic and thorough. We were induced to undertake the TV series in early 1977 by Robert Chitester, president of PBS station WQLN of Erie, Pennsylvania. His imagination and hard work, and his commitment to the values of a free society, made the series possible. At his suggestion, Milton presented between September of 1977 and May of 1978 fifteen public lectures before various audiences followed by question-and-answer sessions, all of which were videotaped. William Jovanovich committed Harcourt Brace Jovanovich to the marketing of the videotapes and provided a generous advance to help finance the videotaping of the lectures, which are currently being distributed by Harcourt Brace Jovanovich, Inc.