Friday, November 16, 2012

How the Free Market Works

The short video below summarizes the market forces that drive the production of a pencil.  The video is based on the classic essay by Leonard Read, "I Pencil."  That essay - and by extension the video below - clarify and simplify Hayek's message regarding the futility of attempting to command an economy from the top down.

Advocates of IPD and BIM must resist the urge to think the tools we deploy can provide that level of command and control.  Truly collaborative efforts and creative thinking occur when individuals, and the firms with which they are affiliated, remain free to pursue their own dreams and find their own motivation.  Ultimately, the market is the best arbiter of ideas and innovation.

Welcome to the Collaborative Revolution!

James L. Salmon, Esq.
Collaborative Construction
300 Pike Street
Cincinnati, Ohio 45202

Summary of Services and James L. Salmon's CV

Office 513-721-5672
Fax 513-562-4388
Cell 512-630-4446

Collaborative Construction Website

1 comment:

MBordenaro said...


Well said!