Entries by Foundation for Economic Education (FEE)

I Believed Communism Would Liberate the World from Oppression — I Was Catastrophically Wrong

By Max Forrester Eastman… People who read these reflections may wonder how I arrived at the understanding that socialism has failed. I am describing the whole experience in another book, but here a brief glance at the intellectual road I traveled may be helpful. It has not been so winding a road as some may […]

Judge Blocks Oppressive Overtime Regulation by Jeffrey A. Tucker

Only days before the enforcement was to begin, Texas federal judge Amos L. Mazzant III has blocked the imposition of the Obama administration’s egregious overtime regulations that have already had a terrible effect on American businesses and workers. The judge said, essentially, that the Department of Labor did not have the authority to issue these […]

Government Transportation is Literally a Train Wreck by Jairaj Devadiga

In March of 2015, Germanwings Flight 9525 crashed into a mountain, killing all 150 people on board. On November 20 of this year, the Indore-Patna Express derailed after a suspected rail fracture, killing at least 149 people. Both events were tragic and probably preventable, but the responses to these tragedies couldn’t be more different. Germanwings […]

Americans Are Embracing Bad Government Because They Don’t Know History by Annie Holmquist

Recent news has proudly informed us that U.S. graduation rates are rising. Unfortunately, rising grad rates don’t tell the whole story. If one truly wants to know how American students are doing in school, a look at the Nation’s Report Card might offer a better picture. Those numbers tell us that not even half of […]

Are You Not Selfish Enough? by Dan Sanchez

Have you ever read How I Found Freedom in an Unfree World by Harry Browne? I finished the 1973 book the other day; it was mind-blowing and life-changing. I’ve since restructured how I approach even the most elemental constituents of my life: my moment-to-moment actions and thoughts. This mind-shift has had immediate, spectacular results. In […]

FACT: Socialism Kills More Babies than War by Chelsea Follett

Recent reports that infants now die at a higher rate in Venezuela than in war-torn Syria were, sadly, unsurprising – the results of socialist economics are predictable. Venezuela’s infant mortality rate has actually been above Syria’s since 2008. The big picture, fortunately, is happier. The global infant mortality rate has plummeted. Even Syria and Venezuela, […]

American Unions Have Turned into Roach Motels by Diana Furchtgott-Roth

This is National Employee Freedom Week, organized by the Nevada Policy Research Institute and the Association of American Educators, to support workers’ choice to leave their unions. The National Labor Relations Board has made it easier for workers to join unions. But if you want to leave, that’s a different story. By the Rules It’s […]

Make Babies, and Don’t Let the Greens Guilt Trip You about It by Steven Horowitz

Several years back, the economist Bryan Caplan wrote a wonderful book called Selfish Reasons to Have More Kids. Caplan argued that most parents underestimated the benefits of larger families and were engaging in costly parenting strategies that yielded few real benefits. Thus, he said, if you love kids, you should have lots of them. From […]

The Regulatory Is Growing Faster than the Real Economy by James L. Gattuso

Want to work in a field that has more than quadrupled in size since 1960? Consider being a regulator for the federal government. Even during the last recession, the regulatory agencies were hiring. In 2015, the U.S. government employed more than 277,000 regulators. To put that number in perspective, it’s 50,000 more workers than General […]

Black Families in Georgia Are Rejecting Public School by Annie Holmquist

During the 1950s and 60s, America’s black families fought a difficult battle to integrate the public schools, hoping to give their children a better education. Because of this hard-won victory, many black parents have been strong supporters of public schools in the subsequent decades. But that support may be changing. According to a recent article […]

Socialists Are Scarcity Deniers by Jeffrey A. Tucker

Amnesty International has finally had enough of the goings-on in Venezuela. With a population starving, the government issued a forced-labor edict. Amnesty said: “Trying to tackle Venezuela’s severe food shortages by forcing people to work the fields is like trying to fix a broken leg with a band aid.” Actually it’s more like fixing a […]