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I, Pencil by Leonard Read:What is the thesis of the essay? Where is the pencil really made? Why would master-minding fail to produce a pencil?

  1. "I, Pencil" by Leonard Read:What is the thesis of the essay?
  2. Where is the pencil really made?
  3. Why would "master-minding" fail to produce a pencil? Explain.
  4. How does the market transfer knowledge/information? (Hint: The market mechanism for transferring knowledge/information is described in your textbook and you encounter it most likely multiple times a day in everyday life.)
  5. Is the essay largely positive or normative in nature? Explain.
  6. What kind of philosophy/ideology does the pencil espouse? Explain.

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