I, Pencil: How a Pencil Is Made Without Central Planning
I, Pencil · Explainer · 7 min · 2012 · YouTube title: I, Pencil: The Movie
Why it's here
HN recommends it as a quick video version of the classic essay on specialization and economic interdependence.
What it covers
A short film from the Competitive Enterprise Institute adapting Leonard Read's 1958 essay I, Pencil, showing how no one person knows how to make a pencil and how many people cooperate without central planning.