FEE president Lawrence Reed discusses the importance of character in a free society with the students attending the Freedom University 2 Seminar on June 5, 2009 in Irvington, NY.
"One of my favorite economics essays from which I've drawn bottomless inspiration is Leonard Read's 'I, Pencil.' He turned a mundane writing instrument into an elementary study of free-market capitalism. What goes for the pencil goes for any of the products [Steve] Jobs introduced."
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