Free Market

Leonard E. Read (1898-1983) was the founder of the Foundation for Economic Education, and the author of 32 works, including the classic parable “I, Pencil: My Family Tree as told to Leonard E. Read.” Born in Michigan, his early life was marked by hard work and diligent study. After serving in the armed forces during World War I, he began a wholesale grocery business, and later became manager of the Los Angeles Chamber of Commerce. As the New Deal began, Read became a vocal critic of policies limiting freedom and expanding government. This drive prompted him to found FEE in 1946, promoting the freedom philosophy through lectures, seminars, books, and The Freeman magazine.

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