In 1958, Leonard E. Read wrote “I, Pencil”—a short, brilliant essay about how markets coordinate the countless steps that go into making an ordinary pencil. In addition to its insightful substance, the essay is also noteworthy for Read’s clever literary device: the story is told from the perspective of a pencil. The piece ran...
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Immigration reform has seemingly become an important part of the agenda. It is good that attitudes of tolerating the presence of illegal immigrants rather than wanting them deported have overtaken the majority. A higher percentage of Americans also favor more immigration rather than less, which is also a happy development. Yet I fear that the...
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