• Best of Web
  • Home
  • Classics
  • Blog
  • Radio
  • Heroes
  • Books
  • Quotes
  • Talks
  • News
  • About
Menu

Lawrence W. Reed

  • Best of Web
  • Home
  • Classics
  • Blog
  • Radio
  • Heroes
  • Books
  • Quotes
  • Talks
  • News
  • About
Pencil.jpg

"I, Pencil" and Faith in Free People →

December 1, 2018

Faith in free people is rooted in our best understanding of basic human nature: Men and women act to improve their well-being. They do so by creating wealth and offering it to others in trade. They respond to incentives and disincentives. The great majority derive satisfaction not only from the utility provided by goods and services but from the joy that comes from the act of wealth creation. Unleash their creative energies and they put them to work! — A tribute to “I, Pencil” on its 60th anniversary.

Read More
← A Tribute to DogsGiving Thanks for More Than a Decade of Progress at FEE →

Recent “Best of Web”

Featured
Argentina's Economy Didn't Collapse; It Roared Back to Life
Sep 25, 2025
Argentina's Economy Didn't Collapse; It Roared Back to Life
Sep 25, 2025

Writes Dionysis Partsinevelos, “Experts warned that electing a chainsaw-wielding libertarian outsider as president would push the country over the edge. Instead, the unthinkable happened: Argentina’s economy started working again.”

Sep 25, 2025
The Downfall of the Roman Empire and the Future of American Democracy
Sep 18, 2025
The Downfall of the Roman Empire and the Future of American Democracy
Sep 18, 2025

Dr. George Maher asks, “For all the noise and the heat of today’s debates the important questions are: Do those who are running our system know what they are doing, and do they care?” 

Sep 18, 2025
Trump To Dumb Down Chinese By Inviting Them To Attend U.S. Universities
Aug 26, 2025
Trump To Dumb Down Chinese By Inviting Them To Attend U.S. Universities
Aug 26, 2025

They’ll probably learn more Marxism here than in Beijing.

Aug 26, 2025

Recent Quotes

Featured
Murphy on America
Feb 11, 2025
Murphy on America
Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025
Mill on Freedom
Feb 1, 2025
Mill on Freedom
Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

Featured
Happy Birthday, Sam Adams!
Sep 27, 2025
Happy Birthday, Sam Adams!
Sep 27, 2025

With America’s 250th anniversary now only ten months away, Samuel Adams is one of those exquisitely interesting Founding Fathers with whom Americans ought to become reacquainted.

Sep 27, 2025
Faith in Free People
Sep 26, 2025
Faith in Free People
Sep 26, 2025

In honor of Leonard E. Read’s 127th birthday—September 26, 2025.

Sep 26, 2025
On Democracy, Republics, Rights, and the Founders
Sep 24, 2025
On Democracy, Republics, Rights, and the Founders
Sep 24, 2025

A pure democracy, even if possible, would quickly degenerate into the proverbial two wolves and a sheep voting on what to have for lunch. It is NOT what the Founders gave us.

Sep 24, 2025