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That millions claim “the last word” on matters of political economy, and disagree as much as they do, suggests that no one has more than scratched the surface.
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Meet the Author
Leonard E. Read
View Leonard E. Read bio and works
Leonard E. Read was the founder of the Foundation for Economic Education — the first modern libertarian think tank in the United States — and was largely responsible for the revival of the liberal tradition in post–World War II America.
[From Anything That’s Peaceful: The Case for the Free Market, 1964] As I sat contemplating the miraculous make-up of an ordinary lead pencil, the thought flashed in mind: I’ll bet there isn’t a person...
Only if one understands the subjective theory of value may he proceed logically to a belief in private ownership and control of property.
These students of liberty have not yet learned to answer honestly, “I don’t know; I never will know; no one will ever know.”
References
The Foundation for Economic Education, New York, 1972
