Visualizing the Free Market: The Story of the Pencil

Leonard E. Read was the founder of the Foundation for Economic Education. In 1958, he wrote a remarkable essay entitled “I, Pencil.” It is the autobiographical story of the¬†genealogy of the pencil. It illustrates the miraculousness of the free market.

The following video is an adaptation of this essay. 

You can read Read’s essay here.

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  • About Gregory Cummings

    Gregory Cummings writes about Canadian monetary and economic policy. His writing has been featured at the Ludwig von Mises Institute of Canada and the Ludwig von Mises Institute's Mises Daily publication. Read more.

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