Entries by Foundation for Economic Education (FEE)

The Government’s Sprawling Effort to Censor [True] Information During the Pandemic

In July 2022, Twitter permanently suspended Rhode Island physician Andrew Bostom after awarding the epidemiologist and longtime researcher at Brown University a fifth strike for spreading “misinformation.” A July 26 tweet alleging that there was no solid evidence Covid-19 vaccines had prevented any children from being hospitalized—”only RCT data we have from children reveals ZERO […]

It’s Time to Separate School and State

The public school system is a failure and ripe for replacing. The state-run school system as it stands is a one-size-fits-all monstrosity which crowds out private alternatives and spreads socialistic and anti-Christian propaganda. It’s time to think bigger than Friedman’s school vouchers, it’s time to separate school from state. Crowding Out If there is any […]

What Is Fractional Reserve Banking and Is It Good or Bad?

After the collapse of Silicon Valley Bank (SVB), I received several questions related to the collapse. One by Dr. Michael Overfield caught my eye. He says: “The question I have is about fractional reserve banking. This is more in the news following the failure of the Silicon Valley Bank. [Some] feel we should outlaw fractional […]

European Author Explains the Massive Disconnect between Young and Old Americans on Capitalism

FEE recently sat down with German author Rainer Zitelmann to discuss his latest book, the global financial crisis, and the future of capitalism. The great writer Henry Hazlitt once observed that the path to prosperity is achieved through production, and the best way to achieve production is to maximize incentives. “And the way to do […]

FDR’s Other ‘Day of Infamy’: When the U.S. Government Seized All Citizens’ Gold

Ninety years ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison. December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, “a date that will live in infamy.” Another infamous date is April 5, 1933—the […]

What Anne Frank and Dr. Christian Larson Can Teach Us about the Power of Optimism

Think the best, do your best. Anne Frank may well be the most famous 15-year-old author of the 20th Century. She penned but one volume, a diary, while hiding from the Nazis during the German occupation of the Netherlands. “How wonderful it is,” she wrote, “that nobody need wait a single moment before starting to improve […]

The ATF Expansion of the Gun Registry Turns Law-Abiding Gun Owners into Felons

Despite decades of warnings from crime prevention and law experts, the Biden administration has taken a page out of FDR’s book to crack down on legal gun owners. The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has followed through on their plan to turn millions of lawful gun owners into felons in the name of “public […]

How Entrepreneurs Are Expanding Education Options For Families in Texas

“Parents are the best advocates of their children and ultimately know what type of schooling is best from an academic, social and moral perspective,” said Braveheart founder Chrystal Bernard. In early 2020, Chrystal and Joshua Bernard decided that they would begin homeschooling their four young children at the start of the following school year. Their […]

The Country Where Economic Freedom Has Grown the Most Over the Last Two Decades

Vietnam is on the path to becoming one of the world’s most vibrant economies. No country of comparable size has gained as much economic freedom since 1995. Vietnam continues to gain economic freedom, as confirmed by the latest edition of the Heritage Foundation’s Index of Economic Freedom ranking. The Index ranks a total of 176 countries based on how economically free […]

Why Are There No EV Charging Stations at Interstate Rest Stops? Blame the Feds!

Joe Biden’s $5 billion funding plan for electric vehicles failed to allow rest stops to offer charging stations, an Atlanta news station discovered. When Georgia resident Anita Jefferson pulls her Tesla out of her garage each morning, she knows it’s fully charged and ready to go. But she told a local reporter her confidence disappears […]

How Government Lost 15 Million Acres of Public Land in the United States

Non-market allocations of resources are doomed to result in catastrophic waste and mismanagement, evidenced by a recent New York Times story exploring how ‘millions of acres of public lands aren’t really open to the public.’ Leave it to the United States Government to lose track of almost three states worth of public land. Only an […]

Why We Should Let Bad Banks Fail

Bad banks need consequences. Let them fail. By now, you’ve likely heard about regulators closing down Silicon Valley Bank (SVB) and now Signature Bank as well. While I’m not going to go into all the details, the basic story is described well in this article on Seeking Alpha. Essentially, SVB received a large influx of deposits […]

Critical Race Theory And Gender Ideology Are Ubiquitous In U.S. Schools, New Study Shows

Last month, the Manhattan Institute released a groundbreaking new study, titled “School Choice Is Not Enough: The Impact of Critical Social Justice Ideology in American Education.” The study presents survey results of a representative sample of over 1,500 Americans aged 18-20. Their primary finding was that “Ninety-three percent of American 18- to 20-year-olds said that they had heard […]

Why Censorship Should Chill You to the Bone

China’s first emperor, Qin Shi Huang, once said “I have collected all the writings of the Empire and burnt those which were of no use.” Lovers of liberty the world over have been fighting the arrogance of censors in all the 2,400 years since he uttered that. “Give me the liberty to know, to utter, […]