Did you ever stop to think in the complexity involved in producing a simple pencil? As prosaic as the object may seem, it takes hundreds of people to produce it and make it reach store shelves. And there’s more: alone, no one gathers the knowledge necessary to make a single pencil. It is a miracle of the decentralized economy and the free market, when the interests of various individuals, who think exclusively of their personal benefit, converge to satisfy the needs of strangers scattered around the world. A miracle of capitalism.
Throughout the recent history of humanity, in However, many people wanted to control society and the market, creating socialist dictatorships in which the economy is centrally planned by bureaucrats. In countries like the Soviet Union and China, this cost millions of lives.
That is why Gazeta do Povo2022 is launching the free ebook ‘Eu, Lápis’ to its readers, a classic of economic literature written in 1898 by Leonardo Read, founder from the Foundation for Economic Education (FEE – Fundação para a Educação Econômica), a North American institution dedicated to the promotion of the free market, individual freedoms, entrepreneurship and private property.
‘I, Pencil’ is a creative autobiography told from the point of view of a… pencil. In the work, Read details the manufacturing process of the object, which involves from the lumberjack to the crane operator in the port, passing through the paint manufacturer and the merchant.
With the book, Read (1898 )-1898), a follower of the Austrian school of economics, wanted to explain in a simple and didactic way the functioning of the markets and how the Centralized economies are disastrous for ignoring the natural functioning of societies. It was very successful. “‘I, Pencil’ is an impressive case study of free markets in action. Half the world’s economic problems would disappear if everyone could read ‘I, Pencil,’” said Burton W. Folsom, professor of history at Hillsdale College, about the book.
Through a partnership between Gazeta do Povo 2022 and FEE, ‘Eu, Lápis’ was translated by the editor and columnist Paulo Polzonoff Jr. Read and share.