Kruse Kronicle

Tag: Leonard Read

  • I, Pencil – The Movie

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    mwkruse
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    More than fifty years ago, Leonard Read wrote his famous essay, I, Pencil: My Family Tree as told to Leonard E. Read." It has been used in economics classes ever since to help students understand the incredible complexity of market economies. The free market think tank, The Competitive Enterprise Institute, has made a six-minute video…

  • Emergent Pencils and the Emerging Church

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    by

    mwkruse
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    This week marks the 50th anniversary of one of the most brilliant and enjoyable economic essays ever written. It's titled I Pencil: My Family Tree as told to Leonard E. Read. It beautifully illustrates that no one is in charge of making pencils (there is no pencil czar),, yet there is always an abundant supply…

  • Pencils And Politics

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    mwkruse
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    Newsweek: Pencils And Politics George Will Who commands the millions of people involved in making a pencil? Who is in charge? Where is the pencil czar? Improbable as it might seem, perhaps the most important fact for a voter or politician to know is: No one can make a pencil. That truth is the essence…