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Foundation for Economic Education
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While our circumstances might seem far from the dystopia seen in Ayn Rand's "Anthem", we're closer to living in that fictional world than you might think.
Last week, I reread Anthem by Ayn Rand, an extraordinarily beautiful tribute to innovation as the life force of progress. It was published in 1937 but mostly drafted in Russia soon after World War I and the Bolshevik Revolution. But get ready for chills when you realize that this dystopian ...
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There is perhaps no single person alive who better personifies economist the notion of "creative destruction" than Richard Branson.
In the first entry in our series on exceptional individuals, I profiled Steve Jobs. Here, I will profile another exceptional person who is one part Steve Jobs and one part Rodney Dangerfield. That person is the ever-grinning, blond-maned entrepreneurial superstar Richard Branson.
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An Arkansas dentist started offering teeth cleanings at a fraction of other dentists' prices—until the Arkansas State Board of Dental Examiners threatened to revoke his license.
When is it illegal for a licensed dentist in Arkansas to clean teeth? When he also happens to be a licensed orthodontist. In 2013, Dr. Ben Burris ran afoul of Arkansas' law when he started offering low-cost teeth cleanings at his orthodontic offices. Ben's practice, Braces By Burris, ...
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Want to teach young children about economics but don't know where to start? Leonard Read teaches you how.
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Living peacefully with each other means accepting our differences and allowing others to engage in behavior that we might dislike.
Whether it’s repugnance at people’s religious beliefs or repugnance at the thought of two people of the same sex being married, such an emotion does not suffice to trump fundamental freedoms.
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It turns out that Social Security isn’t even all that secure — its trustees project it will be bankrupt within the next 20-30 years.
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Over the years, the Supreme Court has made a number of hugely harmful decisions—here are 15 of them.
What makes a Supreme Court decision bad? And what are the worst precedents handed down by our highest court? I've been thinking about this a lot recently, and here are my nominees for the worst SCOTUS opinions to date. The standard I'm using for “worst” is three-fold: ...
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"The complete absence of tariffs or any other restrictions on trade is one of the main reasons why Hong Kong has been able to provide such a rapidly rising standard of life for its people." -Milton Friedman

Learn more about John Cowperthwaite and the Hong Kong miracle: http://at.FEE.org/1JPTu4u #HongKong #HK
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Economists like Pascal Salin are working to overcome public misconceptions about free markets.
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"Cowperthwaite freed his fellow citizens to build an organic, spontaneous economy from the ground up instead of imposing on them a contrivance from the top down. More than any other individual, he was responsible for the miracle of the Hong Kong economy. Unlike the plans of socialist central planners, Cowperthwaite’s plan actually worked."
I suggest April 25 as Cowperthwaite Day, to be observed on every continent by men and women who revere the blessings of a free economy and the courage of those who work to put it in practice.
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It's thanks to Gordon Moore that we have “phones” in our pockets with more computing power than the space shuttle.
I read something interesting the other day. The author of an article on ambitious business startup ideas taught me that my understanding of Moore's Law was plain wrong. Everyone thinks they understand Moore's Law. My understanding was that computer processor clock speed will double every 18 ...
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Is it time to remove the bar exam as a professional standard?
The burden of the bar exam falls disproportionately on low-income earners and ethnic minorities who lack the ability to pay for law school or to assume heavy debts to earn a law degree.
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Introduction
The Foundation for Economic Education (FEE), one of the oldest free-market organizations in the United States, was founded in 1946 by Leonard E. Read to study and advance the freedom philosophy. FEE’s mission is to offer the most consistent case for the “first principles” of freedom: the sanctity of private property, individual liberty, the rule of law, the free market, and the moral superiority of individual choice and responsibility over coercion.

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