FEE

By The Foundation for Economic Education | Supporting the economic, legal, and ethical principles of a free society.

Remembering Humboldt’s Wisdom

"The true end of Man…is the highest and most harmonious development of his powers…Freedom is the grand and indispensable condition which the …

Economics

Why Are Houses So Darn Expensive?

In 2013, 1 out of every 10 American homes was valued at more than double the production costs. Demand for housing alone isn't driving up costs, …

Housing

What Silly Putty Teaches Us about Invention and Marketing

Nothing can be dismissed a priori as a fad, and nothing can be declared a priori as a valuable item destined to be a classic. There is no way to know …

Economics

Colorado Challenges Police to Serve and Protect, Not Fine and Collect

The ballot measure is creative and straightforward: all fines issued against Coloradans can be satisfied with a donation to a registered charity of …

Don't Punish Amazon for Serving Customers Well

New media ballyhooer Douglas Rushkoff made waves this week. Citing an un-named friend who went hysterical about Amazon.com’s purchase of Whole Foods, …

The Rise and Fall of Uber's Travis Kalanick

To understand the significance of Kalanick’s departure as Uber's CEO, it’s worth running through both his extraordinary accomplishments, and the …

Uber

Why Your Kids Should Avoid Summer Reading Programs

Libraries are ideal examples of local, self-directed learning hubs that support all members of a community in learning naturally, without coercion. …

Economics

Free Markets Will Liberate Cuba, Not Embargoes

A little over a year ago, President Obama made modern history by reversing the outdated Cold War policies that have kept the Cuban people isolated …

One Event Can Change Everything

More than 700 people from at least 19 countries converged at the Omni Hotel in Atlanta’s CNN Center last weekend for the largest and most ambitious …

Foundation for Economic Education

South Africa Is Repeating the Mistakes of Apartheid

After the end of Apartheid in 1994, nobody would have guessed that South Africa would be making many of the same mistakes as the Apartheid regime …

South Africa

You Can't Mandate Family Life

Economists think about how markets work, and why they work better than the alternative ways we might figure out what to produce and how to produce …

Foundation for Economic Education

The Export-Import Bank Needs to Go

More than 80 percent of its business goes to a literal top-ten list of beneficiaries, which also includes GE, Caterpillar, and other large firms that …

Foundation for Economic Education

"Globalists" Can Be Protectionists Too

On Sunday, French voters headed to the polls to vote in the second round of the parliamentary elections. The political party of the new president …

Economics

Class and Race Are Never an Excuse to Gloat Over State Atrocities

Even with all the news of terrorism around the world, there is something especially chilling and horrifying about the case of 22-year-old Otto …

Larry Wilmore

What Trump’s Cabinet Meeting Reveals about Government

It is obvious from photos of cabinet meetings that the top gear of government has become too big to operate smoothly, thoughtfully, and carefully. As …

Foundation for Economic Education

The Population Boom Could Save the World

The common thought among young people is that our rocketing population growth is going to overpopulate the earth. But given the number of people in …

Population

How the Sharing Economy Can Help You Go Minimalist

Fifty years from now, people will look back on the turn of the century and wonder about us. They will wonder why we were so wasteful, so selfish. Why …

Foundation for Economic Education

Why Some Cryptocurrencies Fail and Some Don't

A well-known obstacle to the greater popularity of Bitcoin as a medium of payment is the high volatility of its exchange value. This volatility …

Bitcoin

What Slurpees Can Teach Us About Economics

Last weekend marked 7-Eleven's latest "Bring Your Own Cup Day," an event when customers trek to the convenience store to fill up cups of all shapes …

Foundation for Economic Education

Want to Raise Workers' Wages? Buy Their Products

Just where would we be without pop stars to tell us about economic policy? Without Annie Lennox, how would we know that people in poor countries …

Equality

The Economist’s Superpower

Prosperity does not depend upon “great men,” either as socialist planners or capitalist entrepreneurs. Intentionally in generally is wildly …

Foundation for Economic Education

Must Every Tragedy Be Politicized?

Last week a fire in London's Grenfell Tower lead to the deaths of at least 58 people. In this time of tragedy, it's disappointing to see people …

Foundation for Economic Education

Michelle Carter’s Actions are Heinous, But They Are Not Crimes

Every action and decision we make has naturally corresponding consequences. In our social media-driven world, it has become much easier to shy away …

Foundation for Economic Education

The Elegant and Devoted Mary Sennholz: In Memoriam

With great sadness, we share with friends of FEE the news of the passing this past weekend of Mary Sennholz. A grand lady, as well as a scholar and …

Foundation for Economic Education

To Whom Does This Thing Belong? And How Do We Know?

What’s the single greatest invention in human history? I would argue that the answer is private property. If you understand why, then you should also …

Bitcoin

We Could Have Had Cell Phones 40 Years Earlier

We could have been using cell phones as early as 1973, but stupid government policies and cronyism blocked mobile wireless for more than a generation.

Foundation for Economic Education

More Immigration Doesn't Mean Less Economic Freedom

Many conservative intellectuals fear that large-scale immigration erodes a society's commitment to freedom because immigrants bring beliefs from …

Foundation for Economic Education

My Reservations about the Concept Of "Social" Justice

Classical liberal and libertarian thinkers such as John Tomasi (2012) and others who blog at <i>Bleeding Heart Libertarians: Free Markets and Social</i> …

Foundation for Economic Education

Keynote Videos

Foundation for Economic Education<p>The Foundation for Economic Education, founded 1946, works for a free and prosperous world.<p>Open Comments<p>Most …

Foundation for Economic Education