Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

October 20, 2007

I, Pencil

by Doug Mataconis

Milton Friedman with one of the best explanations of the benefits of free markets and free trade ever:

H/T: Cafe Hayek

Freedom is sexy, so share!Share on Facebook0Tweet about this on Twitter0Share on Google+0Share on Reddit0Digg thisShare on StumbleUpon0Share on LinkedIn0Pin on Pinterest0Email this to someone
TrackBack URI: http://www.thelibertypapers.org/2007/10/20/i-pencil/trackback/
Read more posts from
• • •
  • somebody

    But what about the job of the man who actually spends a week crafting a crappy $200 pencil?

  • UCrawford

    Actually, that was Leonard Read’s explanation. He was the one who wrote “I, Pencil”.

  • Akston

    Thanks for the added information Crawford; good to know. Here’s a link to the full text.

    Whether he was the original author of this homily or not, I always love hearing Uncle Milty talk. I fondly remember watching his Free to Choose series.

Powered by: WordPress • Template by: Eric • Banner #1, #3, #4 by Stephen Macklin • Banner #2 by Mark RaynerXML