A society such as this [Mont Pelerin Society], beyond entertainment or evil has one other possibility -- an intellectual levelling-up of its members.… - Leonard Read

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A society such as this [Mont Pelerin Society], beyond entertainment or evil has one other possibility -- an intellectual levelling-up of its members. After attendance at three meetings I have experienced nowhere near the edification I can obtain elsewhere and at lower cost. Maybe these folks are too far advanced for me to grasp their wisdom. In any event I am not benefited...These pedants have a gadgetry of scholarship -- degrees, licenses, titles, readings of all old-world philosophy -- to which those outside are not admitted except in condescending tolerance, a form of gentle and mannerly contempt.

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About Leonard Read

Leonard Edward Read (September 26, 1898 – May 14, 1983) was the founder of the Foundation for Economic Education (FEE), 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" (1958).

Also Known As

Alternative Names: Leonard Edward Read Leonard E. Read
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Additional quotes by Leonard Read

A fact rarely suspected, let alone understood, is that businessmen are by no means the chief beneficiaries of the free market, private ownership, limited government way of life. Many business ventures fail entirely. Who then are the beneficiaries? The masses!

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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.

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