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You missed the point of the story. Many people would have the technical talent to reverse-engineer a pencil; that's not the lesson.
by lobster_johnson 9y ago
You missed the point of the story. Many people would have the technical talent to reverse-engineer a pencil; that's not the lesson.
- Gibbon1 9y agoThe real moral of the story is economists have inflated opinions of themselves and low opinions of everyone else.
- jasode 9y ago>economists have inflated opinions of themselves The author, Leonard E Read, is not an economist nor did he get an economics degree. He's a college dropout.[1] He was a businessman but his extracurricular activities included writing. (E.g. the essay "I, Pencil"). We might call him a "social commentator". [1] https://fee.org/articles/leonard-read-the-founder-and-builder/ https://fee.org/articles/leonard-read-the-founder-and-builde...