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CSE 3.8 Stossel 2010- Rinkonomics- Spontaneous order

by Joe Calhoun

John Stossel uses a skating rink to illustrate how market processes emerge through spontaneous order, and no central planner is needed to direct an economy. People naturally know how to skate around the ice rink, and the same principles apply to the market economy.

CSE 3.8 Stossel 2010- Rinkonomics- Spontaneous order

Spontaneous order is illustrated at an ice skating rink.

from Stossel (2010)
Creator: Fox Business News
Posted by Joe Calhoun
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