Jay's Tuesday Free Enterprise Quote

By
Home Inspector with Jay Markanich Real Estate Inspections, LLC

"The welfare state destroys the market mechanisms -- lessens free choice and willing exchange.  Simultaneously creating unnatural specializations, it must, granted statism's premise, resort to welfarism; that is, it must assume the responsibility for the people's welfare:  their employment, their old age, their income, and the like.  As this is done, man loses his wholeness; he is dispossessed of responsibility for self, the very essence of manhood.  The more dependent he becomes, the less dependable!"

                                                                  Leonard E. Read

Never heard of Dr. Read?  Then you have probably not heard of I, Pencil.  This is a fabulous, and very short, pamphlet explaining that NOBODY knows how to make a pencil.  I, Pencil is written in the first person from the point of view of an Eberhard Faber pencil.  The pencil details the complexity of its own creation, listing its components (cedar, lacquer, graphite, ferrule, factice, pumice, wax, glue) and the numerous people involved, down to the sweeper in the factory and the lighthouse keeper guiding the shipment into port.  From the book:

"There is a fact still more astounding: the absence of a master mind, of anyone dictating or forcibly directing these countless actions which bring me into being. No trace of such a person can be found. Instead, we find the Invisible Hand at work."

"Since only God can make a tree, I insist that only God could make me. Man can no more direct these millions of know-hows to bring me into being than he can put molecules together to create a tree"

"The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society's legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand. This faith will be confirmed"

Genius leaves the market alone.  Dopes think they can manipulate it toward political ends.

 

 

Posted by

Jay Markanich Real Estate Inspections, LLC  

Based in Bristow, serving all of Northern Virginia.

Office (703) 330-6388   Cell (703) 585-7560

www.jaymarinspect.com


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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Kevin Robinson 08/18/2010 09:18 AM
Topic:
ActiveRain Community
Location:
Virginia Prince William County Bristow
Groups:
Celebrating Free Enterprise
Fight Socialism: ActiveRain Economic Bailout Group
Silent Majority
Tea Party
The Law of the Land
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free enterprise

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Rainmaker
500,956
Susan Haughton, REALTOR, ABR, SRES
Alexandria, VA
Helping You Buy or Sell Alexandria Real Estate

And the dopes continue to try while we all pay the price over and over again.

That is one smart pencil!

August 17, 2010 06:26 AM #1
Rainmaker
1,078,377
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I have brought the pencil (although a Vera Bradley pencil) back into my business life because of it's simplicity and it does not run out of ink and writes almost anywhere.

That said * I think it is VERY HARD to do NOTHING especially for politicians who need to appear as if they are doing SOMETHING to get re-elected!

August 17, 2010 06:33 AM #2
Rainmaker
1,220,181
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia


And the book costs only $1 Susan!  It is an easy read.

Wallace - but you should be active and doing SOMETHING AGAINST them!

August 17, 2010 06:46 AM #3
Rainmaker
453,501
John Mulkey
TheHousingGuru.com - Waleska, GA
Housing Guru

Jay - Your post reminded me of the quote, "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money." Alexis de Tocqueville

August 17, 2010 11:27 AM #4
Rainmaker
1,220,181
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I used that quote in a paper in college, John, about the year 1974 or so.  My prof, a flaming liberal, said that we could never get to that point!

August 17, 2010 02:29 PM #5
Ambassador
883,319
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Very prescient quote...  Seems like we are living in that future...

August 17, 2010 10:20 PM #6
Rainmaker
1,220,181
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

He said that about 1958 Lane, when things were really booming.  It was also at the start of the interstate highway period, a gubment program which really did stimulate the economy and still does today.  But that is because it created economic opportunity for areas previously unable to enjoy it.

August 18, 2010 05:33 AM #7
Rainmaker
588,024
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Interesting subject matter and fascinating quotes.  I will be looking for that

August 18, 2010 09:27 AM #8
Rainmaker
1,220,181
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

There are many of these, Don, and one each week to come!

August 18, 2010 01:05 PM #9
Ambassador
1,930,487
Steve Hoffacker
Hoffacker Associates LLC - West Palm Beach, FL
New Home Sales Trainer/Coach, Sales Books Author

Jay,

I truly astounds me that there is a large segment of the population that wants a welfare state. :)

Steve

August 20, 2010 03:22 PM #10
Rainmaker
1,220,181
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

That has been happening for over a generation now through the schools Steve.  There has been a careful method to this madness.  You know this for sure...

August 20, 2010 03:38 PM #11
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Rainmaker
1,220,181

Jay Markanich

Home Inspector - servicing all Northern Virginia
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