I, Pencil

You may be surprised to learn how complicated the making of a simple pencil really is. Leonard Reed’s classic essay “I, Pencil” illustrated the process of social cooperation in the marketplace.

The UT Mises Circle will also discuss how markets bring the knowledge of many individuals together to produce and create value. We will also mention how prices act as a means to communicate signals between entrepreneurs and consumers.

Free reading of this chapter:

When: Monday, February 13th at 7pm
Where: Waggener 308