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  down beneath the spreading wave of socialism,
  freedom would be gone in the United States.
  In 1946 he acted.
  G
  ATHERING to his support an impressive
  group of business and educational leaders,
  Read established The Foundation for Economic
  Education. The Foundation combats socialism
  with understanding. Read says: "Collectivism,
  with its totalitarian arrangements and 'managed
  economy,' is sweeping the world - in America as
  elsewhere. The primary reason for this is that
  so few persons a...

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186-Leonard E. Read; Advocate of Liberty.pdf