I, Pencil

 by Leonard Read [From Anything That’s Peaceful: The Case for the Free Market, 1964] As I sat contemplating the miraculous make-up of an ordinary lead pencil, the thought flashed in mind: I’ll bet there isn’t a person on earth who knows how to make even so simple a thing as a pencil. If this could be demonstrated, it […]

Anything That’s Peaceful: The Case for the Free Market

Review provided by The Mises Institute Leonard Read was a great spokesman for liberty, and an excellent teacher in the second half of the 20th century. Everyone agrees that this is his most inspired collection. It includes the essay later called “I, Pencil,” which is a masterful description of the workings of the division of […]