Entries by Foundation for Economic Education (FEE)

Three Days of the Condor: The 1970s Movie That Revealed the Real Terror of a Deep State

In the end, Three Days of the Condor leaves us with a riddle. What is the use of a free press if those with influence are too afraid or corrupt to print the truth? On a recent flight, I rewatched one of the great political thrillers of all-time: Three Days of the Condor. From start to […]

The Biden Administration Just [Quietly] Scaled Back Student Loan ‘Cancellation’

Student debt forgiveness is unjust, highly regressive, and inflationary. It should be scrapped, not scaled back. In August, the White House announced that most federal student loan borrowers would be eligible for forgiveness. Most borrowers who didn’t receive a Pell Grant would be eligible for up to $10,000 of forgiveness, while borrowers who did receive a […]

Debunking Hurricane-Season Fallacies—3 Economic Fallacies to Watch Out For

You might be prepared for a hurricane, but are you prepared for a deluge of fallacies? With hurricane season upon us, many are preparing for the worst. Windows are being boarded up, pantries are being stockpiled with extra food and water, and rescue crews are monitoring weather forecasts closely. Some have already experienced the worst, […]

Cornell University Physician: ‘I Was Wrong about Covid Vaccine Mandates’

Scientists and public health officials must act more humbly and recognize the limits of their knowledge, writes Dr. Paul Fenyves. The great martial artist Bruce Lee reputedly said that all mistakes are forgivable—if one has the courage to admit the mistake. Paul Fenyves, a primary care physician in New York City who specializes in internal medicine, seems […]

Government Schools Are No Place for Bright Kids

The age-based education system in the US needs serious rethinking. Sometimes, something that’s right in front of you can escape your attention. Over the past five years I’ve looked at countless student performance numbers, and almost always, my attention goes to the large percentages of students who are performing below grade level in reading, math, […]

Reagan’s Goal to End the Department of Education Is Finally Gaining Momentum

Ending the Department of Education may seem like a radical idea, but it’s not as crazy as it sounds. The debate over the federal role in education has been going on for decades. Some say the feds should have a relatively large role while others say it should be relatively small. But while most people […]

Freedom Is Essential For True Morality

And having a final end does not obviate the need for liberty. What is the role of human freedom in morality? It’s a question I’ve been pondering and researching since graduate school. C.S. Lewis once explained the different aspects of morality by using the metaphor of a flotilla. Every ship must be well run on […]

The Myth That Our Planet Faces an Overpopulation Crisis

The world is not in danger of being overpopulated, so why do so many insist it is? Shortly after my wife graduated from college, she joined Zero Population Growth. Looking back, she tells me it was an emotional reaction fueled by reading Paul Ehrlich’s apocalyptic claims. In his book, The Population Bomb, Ehrlich wrote: “The battle to feed all […]

It’s ‘Unreasonable’ for Banks to Share Your Financial Info With the Government, 8 in 10 Americans Say

About a fifth, 21%, think it is reasonable. hat if your bank shared what you spent your money on with the federal government? By law, banks and other financial institutions (like car dealerships, jewelers, pawn shops) are required to report certain types of purchases people make to financial regulators. What do Americans think of this? […]

Not a Single U.S. State Is Requiring Kids to Get Vaccinated to Attend Public School. Why?

Economics may offer a clue as to why not one state is mandating vaccination to attend school in the 2022-2023 school year, even though many government officials support coercive vaccination policies. September has arrived and many children are back in public schools (though fewer than previous years). At a recent event, one parent joked to […]

Why Living Under the U.S. Constitution Is the ‘Greatest Political Privilege’ of All

This Constitution Day, let’s remember that it was this document and the system it created that put America on the path to becoming a beacon for the world. September 17 is Constitution Day, the annual occasion for Americans to pay special tribute to the nation’s most important governing document. On this day in 1787, delegates […]

Economic Freedom Falls in the United States, Global Report Shows

The pandemic policies of 2020 flattened economic freedom in the United States. The Fraser Institute’s 2022 Economic Freedom of the World Index report has been released. This year’s report covers the year 2020. The index development was led by Dr. James Gwartney in the late 1980s and early 1990s as a way of measuring economic freedom […]

Public Schools Are Spending Money Like Crazy, Despite Sharp Enrollment Declines

This pattern of spending is unsustainable. These schools are bleeding money. The public education system has been failing students for years. From misappropriating funds to providing inadequate lessons and passing illiterate students; public schools are losing support. Despite this they continue receiving extensive budgets which do not properly represent enrollment rates, attendance numbers, or staffing issues. While […]

No, Slavery Did Not Make America Rich

The historical record of the post-war economy demonstrates slavery was neither a central driving force of, or economically necessary for, American economic dominance.  In 1847, Karl Marx wrote that Without slavery you have no cotton; without cotton you have no modern industry…cause slavery to disappear and you will have wiped America off the map of nations. As […]

Pandemic ‘Learning Loss’ Actually Reveals More About Schooling Than Learning

The alleged “learning loss” now being exposed is more reflective of the nature of forced schooling rather than how children actually learn. There are mounting concerns over profound learning loss due to prolonged school closures and remote learning. New data released last week by the US Department of Education reveal that fourth-grade reading and math scores dropped sharply […]