FEE - Foundation for Economic Education
Non-profit
Founded in 1946, the Foundation for Economic Education is America's oldest "free enterprise" research and educational institute, headquartered first in Irvington, New York and now Atlanta, Georgia.
Its missions is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. It focuses primarily on reaching people through seminars, publications, daily content, social media, and online lectures. A core component of the Foundation's message is the critical, indispensable connection between character, liberty, and a free economy.
FEE is sustained entirely by the voluntary, tax deductible contributions of other foundations, individuals, and businesses who believe that character, liberty, and a free economy are worth supporting. Source
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| Scope | International |
|---|---|
| Language | English |
| Country | United States of America |
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Recent Articles
Search ArticlesThe Causes of Unemployment: What’s Missing?
Wages are not predicated upon employer generosity. Everyone is now concerned about the unemployment rate, it would appear. The scribes are busily scribbling as to the possible causes of this economic debilitation. Their list is long, creative, and clever. One explanation is that the quit rate has plummeted. People are sticking around in jobs they would have left in rosier markets.
Energy Reliability Is Only as Strong as Its Weakest Wire
Adding more generation capacity without hardening the last-mile delivery network leaves the cake half-baked. This past January, Tennesseans received a chilling reminder of how electrical power actually works… and where it fails. Winter Storm Fern blanketed Middle Tennessee with heavy ice, tree branches buckled, power lines snapped, and a peak of 230,000 households were left without power in freezing temperatures.
From Pencils to Smartphones
Retelling Leonard Read’s story for the 21st century. When Liberty International in collaboration with Libertarianism.org engaged me a year ago to apply the insights of Leonard E. Read’s famous 1958 essay, “I, Pencil,” to the smartphone, I eagerly accepted the challenge. All of us involved in the project believed that it was time to “update” the essay by adapting its message to a product everybody uses today. Why?
The Fight Against Red Tape Continues in Georgia
New reforms are making some headway. Georgia is one of many states that has recently begun to look critically at its growing regulatory code. Lawmakers, business leaders and policy advocates have pointed out how regulations enacted by unelected bureaucrats in the executive branch have placed an unnecessary burden on the state’s workers and industries. The lack of legislative oversight in what functions as de facto lawmaking (this is especially true at the federal level) is another concern.
South Carolina in a Spending Spiral
Taxpayers need a break, in this update from the South Carolina Policy Council. As the great Benjamin Franklin once said, “in this world, nothing is certain except death and taxes.” In South Carolina, there might as well be another—government spending. Over the past decade, one pattern has held constant: the General Fund grows nearly every year, typically outpacing both inflation and population growth. The House recently advanced its version of the state budget.
Degrees of Seriousness on the National Debt
Greater freedom is the answer. We hit an ignominious milestone recently when the national debt crossed $39 trillion. Naturally, regular citizens have chimed in about what’s to blame, who’s at fault, what can be done, or whether it even matters. The discussion usually takes one or more of the following shapes.
State Intervention Won’t Protect Us from Price Shocks
But once households have been “protected” from one energy shock, they will expect “protection” from the next. When oil prices rise, economists ask what it means for inflation. Politicians ask what it means for voters. Since the Iran conflict and the disruption in the Strait of Hormuz, that has become the more urgent question. This is no longer just a macro and monetary policy story. It is a cost-of-living story. And in Britain, that means it quickly becomes a political one.
Could Your Costco and Walmart Discounts Be Banned?
Court cases try to crack down on deals. Recent court actions could finally derail one of the most laughable big government regulatory crusades in recent memory. At issue is a case that the Biden-era Federal Trade Commission brought against Southern Glazer’s Wine and Spirits, the nation’s largest alcohol distributor. The agency alleges that the company violated a 1930s law, the Robinson–Patman Act, by offering larger discounts to retailers that buy in bulk.
The Wisdom of the Market
No matter how good AI gets, it won’t beat markets. Whenever we see big leaps in computation, proponents of central planning come out of the woodwork, claiming this finally makes it possible to organize the economy better than markets do. According to them, centralized computation could optimize tax rates, produce enough to meet our needs, and allocate resources in a way that maximizes well-being for all. Such arguments gained prominence in the early 20th century, with Taylorism.
How Clear Property Rights Built the American Frontier
Property was clearly defined, so the future made sense. In the mid-19th century, the town of Peoria, Illinois, originally established as a French outpost in the 18th century, underwent a period of rapid expansion. Although not a newly founded settlement, its transformation during this period reflects a broader pattern seen across the American frontier. Within a few decades, it evolved into a regional agricultural and commercial hub. This was not the result of luck or central planning.