American Compass recently attacked economists again. Writing on the conservative think tank’s Substack, Chris Griswold attempted to debunk Leonard Read’s pro-global-division-of-labor essay “I, Pencil” with a post entitled “I, Sharpie.”
Read’s essay was written to inspire awe over the unplanned, spontaneous order of the market. In it, a pencil explains the complex process involved in making such a seemingly simple thing. A pencil is made from wood, glue, graphite, clay, castor oil, brass, rubber, and more--materials that come from all corners of the earth to be assembled in a single factory.
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