Entries by Foundation for Economic Education (FEE)

Guns Prevent Thousands of Crimes Every Day, Research Shows

How many lives are actually saved by gun ownership? 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 […]

17 Benjamin Franklin Quotes on Tyranny, Liberty, and Rights

Americans remember Benjamin Franklin as one of our founders. That is fitting because he was not just our most famous citizen at our country’s birth, but he was also so much a central part of that birth that he has been called “The First American.” As a member of the Second Continental Congress, Franklin helped […]

6 Key Takeaways Every Student Should Receive from Econ 101

A more widespread understanding of Econ 101 would reduce the likelihood of destructive government policies winning public support. In a 2015 podcast conversation with American Enterprise Institute President Arthur Brooks, Vox’s Ezra Klein declared that “there’s nothing more dangerous than somebody who’s just taken their first economics class.” Often expressing a similar contempt for Econ 101 […]

Why the Real Villain of 2020 Was Big Government

COVID-19 was going to be bad, no matter what. But the failures of big government made it much, much worse. The disaster that was 2020 is finally over. Now it’s time for the inevitable post-mortems. First and foremost, the COVID-19 pandemic posed enormous challenges to American institutions, and continues to do so. Frankly, we were […]

What Is Section 230 and Why Do Trump and His Allies Want to Repeal It?

Section 230 simply says that only internet users are responsible for what they write, not the private companies whose websites host the commenters. In 2020, many of us have become accustomed to terms and concepts we never thought we’d be discussing: “social distancing,” mask requirements, and Zoom parties all come to mind. We can add […]

‘Smart Toilets,’ Afghan Book Clubs, and Lizard Treadmills: Rand Paul’s Report Exposes $55 Billion in Government Waste

Everybody celebrates the holiday season in their own way. Each year, Senator Rand Paul invokes the spirit of the fictional grievance-airing holiday “Festivus” from Seinfeld to release an annual taxpayer waste report—and boy, is this one a doozy. The libertarian-leaning Kentucky lawmaker’s report for 2020 finds an astounding $54.7 billion wasted by the federal government this year. (That’s not even an […]

How $10 Million for Gender Programs in Pakistan Got Tied to a COVID Relief Bill

Hours before lawmakers voted on a multi-trillion dollar government funding package that included a $900 billion COVID-19 relief bill, congressional aides were spotted wheeling in the legislation. It ran 5,593 pages. “You’d have to read 560 pages an hour to finish it before midnight,” observed NBC News correspondent Garrett Haake. Folks! The bill is on the move! […]

San Francisco Sees More Overdose Deaths Than Covid Deaths in 2020

Data show alarming trends in drug overdoses and suicide as people—especially young people who are least at risk from COVID-19—are forcibly cut off from friends, families, and communities. It’s quite likely that wherever you are reading this, you are currently subjected to lockdowns, restrictions, regulations, or executive orders to one degree or another, as government […]

The Many Glaring Problems with the New COVID Stimulus Package

After months of backroom negotiations and lobbying, leaders in Congress have finally reached an agreement on a second COVID-19 relief bill. The $900 billion package will likely pass this week. Here’s a brief overview of what’s in the behemoth package—and a breakdown of the many glaring problems with it. Key Provisions: $600 “stimulus” checks for American adults who earned […]

3 Reasons Millennials Should Ditch Karl Marx for Ayn Rand

Dear avocado-toast-eating brethren, We need to drop Karl Marx like we dropped cable TV. We’re a generation that’s sick of wars (and threats of wars), mass shootings, and media sensationalism. As the ambassadors of the sharing economy and investors in cryptocurrency, we hold innovation and entrepreneurship in high esteem. Karl Marx is not who we […]

School Choice Reduces Teen Suicide, New Study Finds

When students who face bullying at their public school can go elsewhere, it literally saves lives. Elijah Robinson attempted suicide as a teenager. Why? Well, as a queer and mixed-race student, he faced vicious bullying in his public school. Thanks to a Florida program, he was able to switch schools and attend a private Christian school […]

#RetailMadeMe Tik Tok Trend Blames Capitalism For Waste. It Should Blame The Government

Companies have all kinds of incentives to be charitable. Unfortunately, retailers often face regulations that force them to destroy their merchandise instead of donating it. Kids say the darndest things, and these days they say them on TikTok, the popular video social media platform with 850 million active monthly users. A new trend called #RetailMadeMe […]

Gallup Poll: Americans’ Mental Health Hits 20-Year Low Ahead of Renewed Lockdowns

Any retrospective analysis of lockdown policies—the effectiveness which is seriously disputed—must be weighed against the loss of life and human suffering they caused. In California and other parts of the country, Americans are headed back to lockdown or otherwise facing renewed restrictions on their day-to-day lives amid another spike of COVID-19. Yet a new Gallup poll shows […]

AOC’s $58 ‘Tax the Rich’ Sweatshirt Perfectly Demonstrates How Her Ideas Hurt the Poor

It is unlikely that those paid to make AOC’s sweatshirt could afford to buy the end product —even if they’re earning what she calls a “living wage.” Rep. Alexandria Ocasio-Cortez did what she does best this week and created another social media firestorm. It all started when a Twitter account called Tax March, which apparently […]