Leonard E. Read Quotes

Leonard Edward Read was the founder of the Foundation for Economic Education , which was one of the first modern libertarian institutions of its kind in the United States. He wrote 29 books and numerous essays, including the well-known "I, Pencil" . Wikipedia  

✵ 26. September 1898 – 14. May 1983
Leonard E. Read: 23   quotes 0   likes

Famous Leonard E. Read Quotes

“Statism is but socialized dishonesty; it is feathering the nests of some with feathers coercively plucked from others - on the grand scale. There is no moral — only a legal — distinction between petty thievery and political Robin Hoodism, which is to say, there is no moral difference between the act of a pickpocket and the progressive income tax or any other piece of socialization.”

Anything That's Peaceful https://books.google.com/books?id=4wWA1vexxdsC&pg=PA74&lpg=PA74&dq=%22is+but+socialized+dishonesty;+it+is+feathering+the+nests+of+some+with+feathers+coercively+plucked+from+others+-+on+the+grand+scale.%22&source=bl&ots=1I89gu9Jmo&sig=8jpm9FnYbB87c8BB_twGQw8CC7o&hl=en&sa=X&ved=0ahUKEwjIuZ_58vLTAhXD4SYKHbHVAncQ6AEILDAB#v=onepage&q=%22is%20but%20socialized%20dishonesty%3B%20it%20is%20feathering%20the%20nests%20of%20some%20with%20feathers%20coercively%20plucked%20from%20others%20-%20on%20the%20grand%20scale.%22&f=false
Anything That's Peaceful (1964)

“Once an activity has been socialized, it is impossible to point out, by concrete example, how men in a free market could better conduct it. How, for instance, can one compare a socialized post office with private postal delivery when the latter has been outlawed?”

Excuse Me, Professor: Challenging the Myths of Progressivism https://books.google.com/books?id=W3MuCgAAQBAJ&pg=PT25&dq=Once+an+activity+has+been+socialized,+it+is+impossible+to+point+out,+by+concrete+example,+how+men+in+a+free+market+could+better+conduct+it.+How,+for+instance,+can+one+compare+a+socialized+post+office+with+private+postal+delivery+when+the+latter+has+been+outlawed?&hl=en&sa=X&ved=0ahUKEwilwZqz9PLTAhXGOyYKHSjJCk8Q6AEIJzAA#v=onepage&q=Once%20an%20activity%20has%20been%20socialized%2C%20it%20is%20impossible%20to%20point%20out%2C%20by%20concrete%20example%2C%20how%20men%20in%20a%20free%20market%20could%20better%20conduct%20it.%20How%2C%20for%20instance%2C%20can%20one%20compare%20a%20socialized%20post%20office%20with%20private%20postal%20delivery%20when%20the%20latter%20has%20been%20outlawed%3F&f=false
Excuse Me, Professor: Challenging the Myths of Progressivism

“There is really nothing that can be done except by an individual. Only individuals can learn. Only individuals can think creatively. Only individuals can cooperate. Only individuals can combat statism.”

Essays on Liberty (1954), Essays on Liberty https://books.google.com/books?id=SugpAQAAMAAJ&dq=There+is+really+nothing+that+can+be+done+except+by+an+individual.+Only+individuals+can+learn.+Only+individuals+can+think+creatively.+Only+individuals+can+cooperate.+Only+individuals+can+combat+statism.&focus=searchwithinvolume&q=%22There+is+really+nothing+that+can+be+done+except+by+an+individual.+Only+individuals+can+learn.+Only+individuals+can+think+creatively.+Only+individuals+can+cooperate.+Only+individuals+can+combat+statism.%22

“It should be noted that people in the free market rarely bear false witness; integrity is the rule.”

The Coming Aristocracy https://fee.org/resources/the-coming-aristocracy-2/
Context: It should be noted that people in the free market rarely bear false witness; integrity is the rule. The morning mile, phone calls, planes the airlines buy, autos by the millions - no one could list the instances - are as represented. We have daily, eloquent, enormous testimony that the Ten Commandments can be and are observed by fallible human beings. Contemporary politics is the most glaring of all exceptions.

Leonard E. Read Quotes

“In mar­ket terms, one is entitled to what others will offer in willing ex­change. That is all!”

Business is Entitled to a Fair Profit, BUSINESS IS ENTITLED TO A FAIR PROFIT http://www.themoralliberal.com/2015/03/18/business-is-entitled-to-a-fair-profit/
Context: Assuming the market is free from fraud, violence, misrepresen­tation, and predation, the economic failure or success of any individ­ual is measured by what he can obtain in willing exchange—fair­ness being a state of affairs that is presupposed in the assumption. Everyone, according to any moral code I would respect, is entitled to fairness in the sense of no special privilege to anyone and open op­portunity for all; no one is entit­led to what is implied by a fair price, a fair wage, a fair salary, a fair rent, or a fair profit. In mar­ket terms, one is entitled to what others will offer in willing ex­change. That is all!

“The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson.”

I, Pencil (1958), I, Pencil: My Family Tree as told to Leonard E. Read http://www.econlib.org/library/Essays/rdPncl1.html
Context: 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.

“Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.”

Anything That's Peaceful (1964)
Context: Socialism depends upon and presupposes material achievements which socialism itself can never create. Socialism is operative only in wealth situations brought about by motes of production other than its own. Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.

“The more complex our economy, the more we should rely on the miraculous, self-adapting processes of men acting freely. No mind of man nor any combination of minds can even envision, let alone intelligently control, the countless human energy exchanges in a simple society, to say nothing of a complex one.”

The More Complex the Society, the More Government Control We Need https://books.google.com/books?id=W3MuCgAAQBAJ&pg=PT18&lpg=PT18&dq=The+more+complex+our+economy,+the+more+we+should+rely+on+the+miraculous,+self-adapting+processes+of+men+acting+freely.+No+mind+of+man+nor+any+combination+of+minds+can+even+envision,+let+alone+intelligently+control,+the+countless+human+energy+exchanges+in+a+simple+society,+to+say+nothing+of+a+complex+one.&source=bl&ots=OZxiANz5bm&sig=QP-xiNhoDNxDDMB1mcR25NuqEl4&hl=en&sa=X&ved=0ahUKEwiq04eE9_LTAhVMKyYKHWh_BGEQ6AEIKjAB#v=onepage&q=The%20more%20complex%20our%20economy%2C%20the%20more%20we%20should%20rely%20on%20the%20miraculous%2C%20self-adapting%20processes%20of%20men%20acting%20freely.%20No%20mind%20of%20man%20nor%20any%20combination%20of%20minds%20can%20even%20envision%2C%20let%20alone%20intelligently%20control%2C%20the%20countless%20human%20energy%20exchanges%20in%20a%20simple%20society%2C%20to%20say%20nothing%20of%20a%20complex%20one.&f=false
Excuse Me, Professor: Challenging the Myths of Progressivism

“Communism, socialism, the welfare state, et cetera, are essentially one and the same thing.”

Leonard Read Journals, November 5, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-november-1951/

“Freedom is the key to Godliness”

Leonard Read Journals, October 24, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-october-1951/

“Self-promotion is self-defeating. No matter how brilliant an individual, one becomes instinctively "leery" when he toots his own horn.”

Leonard Read Journals, September 18, 1959 https://history.fee.org/leonard-read-journal/1959/leonard-e-read-journal-september-1959

“Socialism is founded on a lie -- the premise that man knows more than he in fact does know.”

Leonard Read Journals, September 18, 1959 https://history.fee.org/leonard-read-journal/1959/leonard-e-read-journal-september-1959

“At one end of the intellectual spectrum are the wise, those who know they don't know much; and on the other end are the egotists, those who have little, if any, awareness of how little they know.”

Leonard Read Journals, September 6, 1959 https://history.fee.org/leonard-read-journal/1959/leonard-e-read-journal-september-1959

“Civilization, I sometimes think, is little more than a thin veneer of culture covering a host of red-assed baboons!”

Leonard Read Journals, November 11, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-november-1951/

“All creative thought and creative action is strictly personal. A committee, any collective, cannot think. It cannot act creatively. It can only act destructively. It can exercise brute force.”

Leonard Read Journals, November 4, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-november-1951/

“What would you cut out of government expenditures?”

I cannot answer that question. Ask me what I would leave in.
Leonard Read Journals, October 17, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-october-1951/

“I have never met a single European who had a clean, clear-cut understanding of the principles of strictly limited government.”

Source: Leonard Read Journals, July 1, 1949 https://history.fee.org/leonard-read-journal/1949/leonard-e-read-journal-july-1949/

Similar authors

Ayn Rand photo
Ayn Rand 322
Russian-American novelist and philosopher
James Tobin photo
James Tobin 22
American economist
Charles Bukowski photo
Charles Bukowski 555
American writer
John Nash photo
John Nash 23
American mathematician and Nobel Prize laureate
Richard Dawkins photo
Richard Dawkins 322
English ethologist, evolutionary biologist and author
Paul A. Samuelson photo
Paul A. Samuelson 47
American economist
Reinhold Niebuhr photo
Reinhold Niebuhr 65
American protestant theologian
Friedrich Hayek photo
Friedrich Hayek 79
Austrian and British economist and Nobel Prize for Economic…
Noam Chomsky photo
Noam Chomsky 334
american linguist, philosopher and activist
Umberto Eco photo
Umberto Eco 120
Italian semiotician, essayist, philosopher, literary critic…