FEE

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

No Representation without Consent – Not Even from Unions

When the American colonists complained that the British subjected them to taxation without representation, the British responded that the colonists’ …

Foundation for Economic Education

Can Markets Handle Invasive Species?

Markets are great at solving the problems of allocating resources for useful things like bread, cars, and iPhones. But can the forces of supply and …

Foundation for Economic Education

Why Gun Control Is Unjust

Gun control policy is inherently unjust. The reasons for this have to do with what is meant by “gun control.”<p><b>The Issue behind Gun Control</b><p>I think of …

Guns

If We Step Up the Drug War, You'll Be a Victim

What word best describes the War on Drugs? Inane? Lunacy? Indecent? Harmful? Thuggery?<p>The right answer is All of the Above. Politicians have ruined …

Foundation for Economic Education

These Are the Still Life Fruits of Capitalism

I am not a socialite. I cannot recall ever having worn white gloves, but for a minor fraction of my disposable income, my gluttonous eyes have …

Artists

Cats, Coffee, and Entrepreneurs | Eileen L. Wittig

Before you label me, I am not a crazy cat lady. I’m not even a cat lady. I tried having a cat once – that experiment lasted about a week. The cat was …

Cats

Hackers Have Better Customer Service Than Governments

Even those who hold the government in the highest esteem can admit that dealing with agencies like the Internal Revenue Service (IRS) can make just …

Foundation for Economic Education

Birth Rates are at Historic Lows and Here's a Major Reason

For 100 years, the US government has tracked the birth rate. It is now at historic lows. There are many reasons, but one has to do with the dramatic …

Foundation for Economic Education

Insider Trading Should Be Legal

Kenesaw Mountain Landis, the legendary baseball commissioner, once said that every boy builds a shrine to some baseball hero, and before that shrine …

Foundation for Economic Education

Trade Deficits Don’t Matter – Unless Caused by Government

In 2016, the US exported goods and services equal to $2.209 trillion, and imported goods and services with a market value of $2.712 trillion. The …

Economics

Fake News Is Old News

Fake News: it's our new favorite buzzword. A politician you like got criticized? Fake news! Outlets are printing statistical information that doesn’t …

Foundation for Economic Education

Why Businessmen Fail at Government

It is vain to advocate a bureaucratic reform through the appointment of businessmen as heads of various departments. The quality of being an …

Foundation for Economic Education

Can You Be Sued for Projecting Words onto Your Neighbor's Building?

Artist and filmmaker Robin Bell projected the words "Pay Trump Bribes Here" onto the Trump International Hotel in Washington, D.C. a few days ago. Is …

Law

The ROI for Cronyism is Huge

One of the points I repeatedly make is that big government breeds corruption for the simple reason that politicians have more power to reward friends …

Uber Plans Its Triumphant Return to Austin

Almost exactly a year after both Lyft and Uber chose to stop servicing Austin, Texas, new legislation passed at the state level that may signal their …

Uber

The Country Is Not In Crisis

Technology (“Hey Google, what’s the news?”) and the wildly entertaining events in the Beltway have turned me into something of a news hound. Last …

Foundation for Economic Education

A Century Later, Mises Is Still Being Validated

Mises’s efforts to refute market socialist proposals nearly a century ago were explicitly validated with the decline and fall of Soviet socialism. …

Ludwig von Mises

The Chinese Only Export so They Can Buy Stuff Too

Economies are just collections of individuals, no one person on this earth could live beyond the barest of subsistence absent the ability to trade …

Economics

How Millennials Find Matches and Why It Matters

It may be hard to believe that there is demand for something called creditscoredating.com. However, as the <i>Washington Post</i> reports, “Almost two in …

Foundation for Economic Education

The Progressives Took Away Our Right to Contract. It's Time to Reclaim It

As the freedom of commercial contract came under attack, the employment contract grew widely in use. In an employment contract, one party agrees to …

Foundation for Economic Education

You Can't Trust Unemployment Statistics

It turns out that measuring unemployment is a tricky thing. When you get it sorted out as best you can, you find two things: the bad news is that our …

Foundation for Economic Education

The Handmaid's Tale Is a Collectivist Dystopia

Following Trump’s win in November, sales of George Orwell’s <i>1984</i> skyrocketed to unprecedented levels as comparisons between present-day America and …

Foundation for Economic Education

Eleven Big Problems with the New French President

Even though there are plenty of reasons to be happy about the defeat of Marine Le Pen in the French presidential election, the new president Emmanuel …

Economics

What Is “Neoliberalism” Anyway?

The term “neoliberalism” is being flung around everywhere these days, usually with a haughty sense of “everyone knows what this is.” But do we …

Foundation for Economic Education

Tell Us What You See: Season 5 of "House of Cards"

The fifth season of <i>House of Cards</i> appears more ready than ever to fulfill the promise of its thrilling first (and still best) season as a story about …

Foundation for Economic Education

Don't Thank the Government for Your iPhone

Economist Mariana Mazzucato recently tweeted a complaint about the inefficiency of the Home Office. We've all come to expect government inefficiency, …

Foundation for Economic Education

The Evidence Weighs in Favor of Immigration

A Haitian worker that were to relocate to the US would see her Place Premium-adjusted earnings automatically rise by 700%.

Economics

Will the Future See Our Boondoggles as Great Monuments?

Yesterday, my always interesting friend Chris Nelson mentioned a local public works project that struck him as useless. As we chatted, it struck me …

Foundation for Economic Education

Why Environmentalists Need to Understand Economics

Just as the biological process leads to species adapting to their environments because the mutations that enhance survival will get passed on to …

Foundation for Economic Education