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** lower per capita labor cost per cost of unit produced | ** lower per capita labor cost per cost of unit produced | ||
=== Free markets === | |||
* [https://www.youtube.com/watch?v=R5Gppi-O3a8 Milton Friedman video explaining power of free markets] (YouTube) | |||
* Basquiat | |||
* Locke | |||
* Smith | |||
* | |||
==== I Pencil ==== | |||
* see [https://fee.org/resources/i-pencil/ I, Pencil by Leonard E. Read - Foundation for Economic Education (fee.org)] | |||
===Opportunity Cost=== | ===Opportunity Cost=== |