- I, Pencil
I, Pencil is
Leonard Read 's most famous essay. The full title is "I, Pencil. My Family Tree as told to Leonard E. Read" and it was first published in the December, 1958 issue of "The Freeman ". It was reprinted in "The Freeman" in May 1996 and as a pamphlet entitled "I...Pencil" in May 1998. In the reprint,Milton Friedman wrote the introduction andDonald J. Boudreaux wrote the afterword. Friedman (the 1976 winner of theNobel Prize in economics ) used the essay in his 1980 PBS television show "Free to Choose " and the accompanying book of the same name."I, Pencil" is written in the first person from the point of view of an
Eberhard Faber 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.:"There is a fact still more astounding: the absence of a master mind, of anyone dictating or forcibly directing these countless actions which bring me into being. No trace of such a person can be found. Instead, we find the
Invisible Hand at work.":"Since only God can make a tree, I insist that only God could make me. Man can no more direct these millions of know-hows to bring me into being than he can put molecules together to create a tree."
:"The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society's legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand. This faith will be confirmed."
External links
* [http://www.econlib.org/library/Essays/rdPncl1.html I, Pencil: My Family Tree as told to Leonard E. Read] , with Friedman and Boudreaux additions
* [http://www.fee.org/events/detail.asp?id=6239 Full 17-minute audio version of I, Pencil at Foundation for Economic Education]
* [http://www.heritage.org/Research/features/PresidentsEssay/PresEssay2000.pdf Four Essays by Leonard Read] , a PDF of this essay and "The Myth of the See-It-All", "The Law Without", and "The Law Within", with a foreword byEdwin Feulner
* [http://www.youtube.com/watch?v=d6vjrzUplWU Two minute excerpt of "Free to Choose" video referencing "I, Pencil"] , as told byMilton Friedman
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