Freakonomics Radio

236. How Can This Possibly Be True?

Freakonomics Radio

A famous economics essay features a pencil (yes, a pencil) arguing that β€œnot a single person on the face of this earth knows how to make me.” Is the pencil just bragging? In any case, what can the pencil teach us about our global interdependence β€” and the proper role of government in the economy?

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