Entries by Foundation for Economic Education (FEE)

Anti-Capitalism: Trendy but Wrong

We should remember; the data simply doesn’t support the anti-capitalists. You can’t escape it; capitalism has a bad rap. Last night, thousands of anti-capitalist protestors took to the streets in capital cities across the world. Wearing V for Vendetta-inspired Guy Fawkes masks (most of which are made in China), these self-styled “anti-establishment” demonstrators, who took part […]

Why the Pilgrims Abandoned Common Ownership for Private Property

The first few years of Plymouth colony were fraught with hardship and hunger. Economics had a lot to do with it. Next year at this time, Americans will mark the 400th anniversary of the landing of the Mayflower in 1620 and the subsequent founding of the Plymouth colony by English Puritans we know as the […]

VIDEO: Why Kanye West Is Leaving California and Taking Yeezy With Him

For entrepreneurs and visionaries, California’s regulatory climate is more than just frustrating—it’s innovation-killing. Rumors have swirled that Kanye West and wife Kim Kardashian are giving up on California ever since it was reported that the rapper had purchased a $14 million “monster ranch” in Cody, Wyoming. (It’s actually called that: Monster Lake Ranch). The rumors intensified […]

The Origins of the Thought Police—and Why They Scare Us

In a sense, “1984” is largely a book about the human capacity to maintain a grip on the truth in the face of propaganda and power. There are a lot of unpleasant things in George Orwell’s dystopian novel 1984. Spying screens. Torture and propaganda. Victory Gin and Victory Coffee always sounded particularly dreadful. And there […]

Entitlement Liabilities Are a Graver Threat to the Next Generation of Americans Than Climate Change

On January 31, 1940, Miss Ida Fuller received a check for $22.54. She was the first person to retire under the Old-Age, Survivors, and Disability Insurance (OASDI) scheme, better known as Social Security. At the time of her retirement in 1939, she had paid just $22 in Social Security taxes. Ms. Fuller lived to be […]

VIDEO: 10 ‘Subversive’ Jokes That Could’ve Landed You in an East German Prison

Here are 10 more jokes that were popular in East Germany, but were almost certainly too hot (or just too honest) for the Stasi. Making fun of politicians is an American tradition. Some jokes cross lines of good taste; some are unfair or unfunny. Good taste and humor aside, Americans take it for granted that […]

Why Even Liberals Should Be “Climate Change Skeptics”

Given the poor track record of drastic government solutions adopted in an atmosphere of fear, a healthy skepticism toward demands related to climate change should not only be tolerated but encouraged. When you’re several decades older than Greta Thunberg, her impassioned warning of impending doom hits you differently than it may college students or early […]

The Environmental Costs of Renewable Energy Are Staggering

“If the world isn’t careful, renewable energy could become as destructive as fossil fuels,” warns a recent article from Foreign Policy. “The Limits of Clean Energy” is the title of an article by Jason Hickel in Foreign Policy, with the sub-title “If the world isn’t careful, renewable energy could become as destructive as fossil fuels.” Here’s […]

4 Catastrophic Climate Predictions That Never Came True

Current climate predictions can be terrifying if you don’t know about the previous dire climate claims that amounted to nothing. If you’re under 50, there’s a good chance you’re expecting to see climate change create chaos and death in your lifetime. Scientists and pundits seem so certain we’re headed for global collapse and their predictions can […]

5 Surprising Scientific Facts about Earth’s Climate

There are many environmental facts that run contrary to popular belief. Here are five of them. On the weekend of August 10–11, as if in chorus, major online news websites called on people to stop consuming meat. The calls echoed a recent United Nations report that recommended doing so to fight climate change. It surprised many, but there are other more surprising […]

7 Quotes That Reveal the Racist Origins of Minimum Wage Laws

Progressive economists and intellectuals saw these job losses as a eugenic service to the larger population. Minimum wage laws are suddenly vogue. According to the National Conference of State Legislatures, 18 states began 2019 with a new minimum wage. Three states have since passed legislation to increase the minimum wage to $15 an hour, a wage […]

Guns Prevent Thousands of Crimes Every Day, Research Shows

It never fails. A split-second after a mass shooting occurs, grandstanders and ideologues issue statements demanding new gun controls—even if the laws already on the books failed or the laws they want would have made no difference. Case in point: the tragic incidents in Dayton, Ohio, and El Paso, Texas, in early August 2019. The message is […]

Lessons from Weimar Germany for the Portland Extremists

Immediately following the conclusion of the First World War and the signing of the Treaty of Versailles, Germany was thrust into a state of economic, political, and social disarray. The infantile German state, which had recently been established in 1871, struggled to maintain its reputation as a global superpower. Kaiser Wilhelm II chose to abdicate […]