.Read manages to artfully compress in to a short essay a tremendous lesson about the workings of the free market, its wondrous diversity, and the unfathomable presumption of believing governments can centrally plan markets at all, let alone more efficiently than the free individuals that compose markets.
Read's classic essay is as timeless and as instructive today as it was when he composed it in 1964. (Freedom has no expiration date.)
One section of I, Pencil is titled, "No One Knows". That reminded me of a past Freedom Lessons post about Barney Frank.
Click here for I, Pencil.
