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He points out, citing, the essay I, Pencil by Leonard E. Read, that even a product as simple as a pencil requires the cooperation of thousands of people, largely unknown to each other. This cooperation is not made possible by governments, but by individual and economic freedom, which is tightly linked to promoting economic progress, in turn reinforcing individual freedoms.
The next Chapter focuses on the fact that markets with less government control tend to develop more rapidly than those with centralized planning and control. Citing examples from Japan, India and the United States, Friedman, points out that, even though these policies may intend to help, they actually retard growth by limiting necessary competition...
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