✏ I, Pencil - Leonard E. Read | Animated version of great essay
Вставка
- Опубліковано 16 чер 2024
- I, Pencil - animated version of great essay by Leonard E. Read.
Leonard E. Read (1898-1983) was the founder of FEE, and the author of 29 works, including the classic parable “I, Pencil.”
Learn Austrian Economics in a fun way!
Source: fee.org/resources/i-pencil/
LINKS
BLOG: econclips.com/i-pencil-by-leo...
ANIMATIONS: toin.pl/en/
SUPPORT our project: bit.ly/2fgJR9e
Visit our website: econclips.com/
Like our Facebook page: bit.ly/1XoU4QV
Subscribe to our UA-cam channel: bit.ly/1PrEhxG
★★★★★★★★★★★★★★★★★★★★★★★★★★
Music on CC license:
Kevin MacLeod: Home Base Groove - na licencji Creative Commons Attribution (creativecommons.org/licenses/...)
Źródło: incompetech.com/music/royalty-...
Wykonawca: incompetech.com/
★★★★★★★★★★★★★★★★★★★★★★★★★★
Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
I, Pencil This is the most interesting fantastic story, who knew? A pencil employs so many. Children should see this delightful story.
and adults too, I hope. It is the story of the economy and a free market.
Government intrusion, regulation and minimum wages ruin a free market and the people.
An essay that truly belongs in a textbook.
Until recently, I had only read this story...was and still is one of my favorites. Then, I saw this video and it breathed even more Life into this True story. I have since watched other versions...YOURS IS BY FAR THE BEST!
THANK YOU👍❤
Thank you, it's very kind:)
Thanks for bringing me here Levin!!
I shall share this!!!
Who else is here from MQ ECON1020?
This is excellent! Great job bringing to life this splendid essay by Leonard Read!
Thank you :)
Great video, more people need to see this.
Finally someone has made a video about THAT pencil. You're the best.
Thanks Marunio!
Mark Levin brought me here Very Interesting!
great video as always econclips!!! keep the hard work!!!! greetings from mexico
Thank you!
Awesome! Spread it around!
I’ll never look at a pencil the same way again. Great read; makes you think.
Now consider the same thought for an MRI machine. It's almost beyond comprehension.
This is the magic of the free market system. It is the genius of the product of human incentive to provide services that other people need in exchange for what they themselves want. Only the free market system can do this.
Fanstastic! The video was awsome.
Mark Levin brought me here
Me too
🤣🤣 me too
Me, too.
Same here. Lol
Me as well
This is a great explanation as to why socialism is a naive philosophy. Collective control of the means of production would only lead to nothing actually getting done in an efficient manner.
Ian Plimer expanded on Leonard Reid's essay in his timely (or is it a bit too late?) book Not for greens in which he traces the making of a steel spoon, with the resources needed
This was fantastic and very pertinent to life.
Thank you!
Every person, each trade and craft, every dad at work or mom at her office is essential, from the welder to the banker, the doctor to the busboy. We each play a part and a significant role in this world.
no. there are bullshit jobs. useless jobs. jobs that didn't need to exist.
One of the best things I've ever watched!
Thank you :)
Steven Michael Davis brought me here. He has been bringing me to the Libertarian Side of Economics and Politics nowadays.
No such thing as a non-essential job.
It's seasonal.
if you are funded, you are essential. not essential, no one will pay for your services.
What about Social media Influencers?
@@mineknad278 Best argument against capitalism. I don’t want to live in a world with social media influencers.
@@mineknad278 that’s a job?
Wow! I learned so much from
I pencil. To me, this is amazing!! Students should watch this in schools 🙏🏻
i came here from Mark Levin. This is awesome for my 7 year old niece. all kids should see this
@@ThorneJr We watched that at my school
Mark Levin brought me here too. Blows your mind!
This only produces the kind of pencil that presents itself as such with those particular ingredients, you can improvize and make more rustic/simplistic metaphors of their more complicated counterparts.
You are correct. However, the point of the essay is to give the reader/listener an idea of the intricacies of the interconnectedness of everything.
oh most certainly, in fact places like the USSR which tried to centrally plan things did it like so - their pencils were much worse than the ones in the West, but they existed nonetheless. However, they too depended upon trade with the outside world. No Soviet central planner thought of the world market as something to direct, they took it and the free exchange happening on it for granted. Moreover, not even the Soviet Union could completely dispense with the notion of markets. Even their centrally planned factories still bought and sold things, and used money, and prices, which they set by the example of the foreign free market economies, in order to do a lot of the work of guiding the production.
For all that monumental effort, they got a shittier pencil, and a doomed economy to boot.
Probably true, but how many and at what cost? With what reliability and quality?
Independence in the hands of man yields wonders!
I wish Mark Levin hadn't been the reason I'm here. I should've learned things like this in school.
Schools stopped being institutions of "learning" along time ago.
Classic!
I recently read "The Communist Manifesto" purely because I wanted to better understand my intellectual opponents. By listening to this, I feel I've regained the brain cells I lost.
Mark Levin brought me here. Thank you Mark
Perhaps it hasn't been mentioned yet, but you could even mention the time and energy, the countless hours of thought, of trial and error, and investment... the thousands/millions of man hours that went into the development of all the tools, and processes, and understandings that were required... "just" to make a pencil.
TRULY IMPRESSIVE
As an example of laissez faire oligarch propaganda, it's astounding.
Great video! Thanks to Mike Maloney for bringing me here
I watched Mike Maloney video yesterday in which he recomend reading the I Pencil essy, so I searched on duck duck go and read it. The next day YT has the video in my recommedations. So is theYT algo recommending it based on the content in the Mike Maloney video, or were my search results being tracked by Google via duck duck go?
Your web browser could be tracking you or third party cookies from a website could be tracking you. You could use a privacy-based web browser like epic if tracking bugs you.
@@justinl2462 Thanks.
CAPITALISM IS FREEDOM AND LIBERTY! NO GOVERNMENT IS REQUIRED...JUST HUMAN NATURE DOING IT'S PART IN AN AMAZING SYSTEM!
no justice system to determine private property rights?
The justice system is The People. Or was. A prosecutor is supposed to see that justice is served and not how many convictions they can rack up.
Freedom and liberty are for Independent citizens who do not interfere with the Rights and Freedoms of others so a justice system is not needed but we were given free will and sociopaths. If you take from another that which is not yours then others will take from you until everyone is doing it, which they think makes it okay.
Tell a truth to a liar and he will think you are lying because he is a liar so he believes everybody is. That makes communicating with others pointless and isolates everyone.
@Albert D Are you also calling for the defunding of the US military, China ( other power ) would just sweep in and take the country, or do you have some way of countering this threat?
My grandpa sent me here
I like the comparison of the "invisible hand" to the devine nature of a tree. I was a born and raised atheist... but today this comparison makes a lot of sense to me.
Not only is this not planned, it cannot be planned
I don't worship at the altar of the 'invisible hand', but this essay is a wonderful description of the spider's web of production & industry that goes in to everything around us. As I write in the UK 'Christmas is threatened' headlines are everywhere on account of uncertainty whether the food for the festival will be around or not.
The reason: High Nitrogen prices. Fertilizer companies can't buy so much & have slowed production as a result. Carbon Dioxide (CO2) is a by product of fertilizer production. Because the fertilizer production slowed there's now not enough CO2 being made. Because of that pigs can't be slaughtered, food shelf life is crashing as the gas is used to preserve packaged food, alcoholic beverages can't be carbonated (if that continues expect revolution in the UK), mobile disco's are putting their rates up - the list goes on.
And people think they can't keep themselves healthy in the same way. They think they need government to keep them healthy. Sad.
Read's strength is in the optimistic and inspirational character of his essays. He stresses human potential, vitality and creativity, making him a good choice for introducing libertarian ideas to non-libertarians.
Propertainism is the best way to accomplish the above task stated in I Pencil. It is an extention of natural common law.
Awesome
Why we all gaze in wonder with these kind of videos and say we love liberty but once we are at the ballot box we vote for government control?
¿Porqué todos nos asombramos con este tipo de eneseñanzas y decimos que amamos la libertad, pero una vez que estamos en las urnas votamos por gobiernos controladores?
It's not an appeal to anarchy idiot
Me encanta
On exhibit here is the mindset of the industrious working in concert to produce wealth. By contrast is the mindset of those who would work in concert to destroy the industrious and plunder their wealth.
What can I say, the Milton Friedman summation was better than the original, but it needed the original to make it happen so like the pencil, the story of the pencil needed several to make it work too. Ha!
Pencilception?
Your video's Are ♥️
Thank you :)
I got here after listening to 'The Victory Hour' with Andrew Parker today as I wanted to see if I could find more in what he was sharing today as he shared much of the meanings of the essay. Truly one thing that I knew was true back a few years ago during the lefts big lock down like in the state of MN for example that only certain people were essential - knew it was BS then and certainly after the essay it is even truer. God bless you!
kewl
Thanks to the 1 & only Mike Maloney, I have come.
I do not understand clearly. Could you guys help me a little bit?
This video essay breaks down every single step in the production of the common pencil, and the point of doing this is that the production requires the collaborative effort of countless peoples, not one of whom could perform every last step involved in this vast process. Furthermore, no single centralized entity was coordinating all the efforts of those involved.
Couple this with the knowledge that there are countless additional things produced that have even more ingredients and components involved in their creation (and thus a more extensive history than that of the pencil), and you might realize that any effort to implement central planning of industry is doomed to fail.
Shocked youtube hasnt banned this yet
The one and only Mike Maloney brought me here.
Richard Corwin brought me here. Thanks
Maloney brought me here
@5:15 it is stated ingredients are cooked to 1,800&50 degrees. How much is &?
He was saying 1,850, as in "one thousand eight hundred and fifty"
Liberty yields vitality.
Interesting. The wonder of pencil creation is a good story, but its conclusion is spurious.
What about mail delivery to and from remote rural communities and single farms? Isn't there some value in connectivity and coherence? Don't people leave the countryside for want of connections to the outside world? Is that really what we want? Unfettered markets may be good at creating all sorts of stuff which people are willing to pay for, but they come with serious problems as regards their distribution; and things that may be useful but which no one special is ready or able to pay for remain undone.
And thus your misunderstanding is on full display...
@@grantl1569 At least he/she is giving it thought. The failure of socialism will be most eagerly voted in by blank minds that see cash incentive for their ballot.
If you would like, see my comment above. I was going to copy paste but that might be against a spamming regulation.
Jed Mckenna bought me here.
nice
How much would a government pencil cost if they managed to build one?
100 million human lives.
The material to erase your errors is called....factice?
Byron Reese, Author of The Fourth Age, brought me here.
Commies are having pencil nightmares…..
Anybody else find it ironic that this short 13 minute video about economics is annoyingly interrupted by ads like 15 times
Sorry about that. We've significantly reduced amount of ads today.
When we mortals can understand the divine wisdom of living and working in God's plan of community, each providing our individual skill sets to the "soup bowl", we will all eat and live more lavishly. We continue to demand dining at the government "banquet table" at our own peril!
thanks to Mike Maloney.....
Mike Maloney brought me here.
Money hated by many kinds of Marksist is able unify people more than they were able to.
Also a great example of anarchy
Milton Friedman brought me here.
An essential fact is missing: the role of the entrepreneur - ua-cam.com/video/6bCHiosNqOs/v-deo.html (Yaron Brook)
Any suggestions about how to edit video? I cannot post any material that includes "God" in our public school. I would like to replace it with "nature." Not trying to offend anyone, just trying to keep my job. Thanks in advance!
Henry David Thoreau made pencils so people can make pencils
I am a pencil.
Ignore this comment
1. 1:27
2. 2:17
3. 2:45, 7:07
4. 7:27
5. 8:30
6. 8:42
7. 9:45
8. 10:53
9. 11:42
10. 12:45
Tuttle Twins and the Miraculous Pencil
....I, Joe Blairicus....
For those of you that have found their way here who may be of a Communistic persuasion, you might scoff at the prospect of including the cup of coffee in the creation of the pencil. What you need to realize is that you can't do anything other than include said cup of coffee, as your professed philosophy is an all-encompassing one. As such, realize that in order to arrive at the glorious proletarian utopia you seek, you will have to not only coordinate the efforts of this, but the efforts of the producers of the many millions of other products from all around the globe, many of which have more extensive genealogies than that of the humble pencil.
Good luck squaring that particular circle.
Humbling perspective of the creation of a seemingly simply tool, and invaluable message that the leftists do not want you to see
It's not that they don't want you to see. It's just that they're too ignorant to know.
Why wouldn’t they want you to see it
Confidential Identity
Because simply, capitalism bad.
This is the left’s economic platform.
Mike Maloney sent me...
Milton Friedman
Eden Barel Friedman got it from Adam Smith.
@@chriselias1521 :)
We are all interconnected.
Nothing or no one stands alone.
....
We are ONE.
Yes, we are interconnected, we cooperate, but we are NOT one.
@@alexleibovici4834 Self interested cooperation and rational selfishness. It’s a thing.
In Spanish?
How about a pen?
India's newspaper "the hindu" brought me here
milton friedman brought me here
Ok... thereal question is what can you do with a pencil, some write stupid books and say stupid things in them. What if someone wrote something that changed the world for the worse? And made people more dumb?
Incredible stuff on practical understanding of global economics, but lost me at faith in the invisible hand of the market. Not super easy to draw the conclusion that individual creativity is stifled by regulation from this. The market doesn't really care about the individual, or their creativity. Regardless of their role in the market. The market only cares about what the people in the market care about, and that's usually themselves. Because people are imperfect.
Just like pencil manufacturers only deal with the final step of assembly, the Post Office only deals with collection, sorting, delivery and SECURITY. Until DeJoy hit the scene I had no idea how much one guy could fmess up the whole thing.
gang
Ben Shapiro brought me here.
Same!
Same!!
Mark Levin here...
Libertarianism rocks!
Ben buraya nasıl geldim amk
Pretty good until it went off the rails confusing supply and demand with a literal miracle from God.
That's where I liked it best.
Everything originates with Gods creation.
The security of all theses resources and inputs used law enforcement and justice system within the USA.
Donald Trump nonessential workers brought me here.
"Merely organize society to act in harmony with this lesson."
Pretty good essay until it went into this hopeful cutesy shit. But hey, let people believe in these infallible individuals.
Ben Shapiro brought me here