“I, Pencil” was used in Milton Friedman’s 1980 telecast of , and the corresponding book of the same name, in order to demonstrate the “power of the market” (“Power of the Market” being the title of the first segment of the TV show and the first chapter of the book).
Writing is both my vocation and my avocation; that’s all I do. But, sadly, I am taken for granted by those who use me, as if I were a mere incident and without background. Especially when it is realized that there are about one and one-half billion of my kind produced in the U. Now contemplate all the saws and trucks and rope and the countless other gear used in harvesting and carting the cedar logs to the railroad siding.
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This one-page guide includes a plot summary and brief analysis of , the essay was reprinted in the magazine in 1996, then again as a ten-page pamphlet entitled “I…Pencil” in 1998.
I’m proud of CEI’s film adaptation of Read’s work, and I’m very hopeful it will successfully bring classical liberal ideas to new and diverse audiences.” featuring University of Illinois Professor Deirdre Mc Closkey, George Mason University Professor Walter E. In particular, CEI is grateful to FEE for its help and support.
Williams, Samford University Assistant Professor Art Carden, and Foundation for Economic Education (FEE) President Lawrence W. Leonard Read founded FEE in 1946; now, today’s president Lawrence Reed gives his endorsement to CEI’s film: “For more than half a century, Leonard Read’s classic story has opened eyes and changed minds by the hundreds of thousands.
The Story of I, Pencil Do you know how to make a pencil? As Read explained in his classic essay, no single person on earth does.
The pencil, like most modern wonders, is the end product of an intricate chain of human activity that spans the globe.
In 2008, the 50th Anniversary Edition of the essay included an introduction written by famed economist Lawrence W.
Reed and a foreword written by Nobel Prize-winning economist Milton Friedman.