This week, a
new exhibit called "The Toaster Project" opens at the Royal College
of Art in London, England. On his website, artist Thomas Thwaites
explains the gist: "I'm trying to build a toaster, from
scratch—beginning by mining the raw materials and ending with a
product that Argos sells for only £3.99." But as Senior Editor
Radley Balko writes, the basic theme of Thwaites' Toaster Project
was first conceived back in 1958 in the brilliant essay "I,
Pencil," written by Leonard Read, founder of the libertarian think
tank the Foundation for Economic Education.
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