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I, Pencil by Leonard E. Read - Foundation for Economic Education
For, if one is aware that these know-hows will naturally, yes, automatically, arrange themselves into creative and productive patterns in response to human necessity and demand— that is, in the absence of governmental or any other coercive master-minding—then one will possess an absolutely essential ingredient for freedom: a faith in free people.... See more
I, Pencil
If you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing.
Leonard Read • “I, Pencil” by Leonard E. Read
A few examples include: Greed is good. Maximizing pleasure from consumption is the goal. A billion acts of selfishness will lead to a prosperous society. The social duty of business is just to maximize its profits. There’s no such thing as society, only individuals—that was Margaret Thatcher’s famous quote. Markets are efficient; other institutions
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