The Lesson of “I, Pencil” An Essay on Economic Freedom for the Ages
The Lesson of “I, Pencil” An Essay on Economic Freedom for the Ages As a young college student studying economics in the 1960’s I was exposed to the writings and philosophy of Leonard Read while researching a paper on Adam Smith’s enlightened principle of the “Invisible Hand”. Mr. Read had founded the Foundation for Economic Education (FEE) in 1948. As I conducted my sophomore research I noted that the thoughts and articles of Leonard Read were inevitably intertwined with the ideas of the capitalist pioneer Mr. Smith. At that time I stumbled upon an essay that Mr.