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While “I, Pencil” shoots down the baseless expectations for central planning, it provides a supremely uplifting perspective of the individual. Guided by Adam Smith’s “invisible hand” of prices, property, profits, and incentives, free people accomplish economic miracles of which socialist theoreticians can only dream.
"I, Pencil" is written in the first person from the point of view of a pencil. The pencil details the complexity of its own creation, listing its components (cedar, lacquer, graphite, ferrule, factice, pumice, wax, glue) and the numerous people involved, down to the sweeper in the factory and the lighthouse keeper guiding the shipment into port.
May 1, 1996 · “I, Pencil,” his most famous essay, was first published in the December 1958 issue of The Freeman. I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. * * My official name is “Mongol 482.”
Jan 20, 2022 · I, Pencil. sister projects: Wikipedia article. Originally published in the December 1958 issue of The Freeman, this essay is written in the first-person from the perspective of a pencil, explaining its complexity and defending Adam Smith 's concept of an invisible hand acting in free markets.
A charming story which explains how something as apparently simple as a pencil is in fact the product of a very complex economic process based upon the division of labor, international trade, and comparative advantage.
I, Pencil Lyrics. I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Writing is both my vocation and my avocation; that's all I...
May 25, 2016 · Hundreds of thousands of Americans of all ages continue to enjoy this simple and beautiful explanation of the miracle of the “invisible hand” by following the production of an ordinary pencil. Read shows that none of us knows enough to plan the creative actions and decisions of others.
At six minutes long and expertly animated, I, Pencil is a colorful, easy-to-share reimagining of Read’s timeless narrative. CEI Founder Fred L. Smith, Jr. said: “Throughout my career, I’ve sought new and better means of communicating classical liberal ideas to people of all political persuasions.
I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. (My official name is “Mongol 482.” My many ingredients are assembled, fabricated, and finished by Eberhard Faber Pencil Company, Wilkes-Barre, Pennsylvania.)
I, PENCIL. My Family Tree as Told to Leonard E. Read. Editor's Preview: Imprimis this month invites your wonder. Wonder at the countless bits of human know-how and natural materials spontaneously organized by our global market economy into the making of a simple wooden pencil.
