Entries by Foundation for Economic Education (FEE)

Why Most Academics Tilt Left

There’s no denying that an overwhelming majority of academics in universities across the country are liberal, progressive, socialist, or otherwise Left-wing. There’s little disputing the fact that an overwhelming majority of university professors in America are on the political Left. A common response from leftists circulating to this reality is that “academics are liberal because that […]

Harvard Study: Gender Wage Gap Explained Entirely by Work Choices of Men and Women

The “gender wage gap” is as real as unicorns and has been killed more times than Michael Myers. “Gender pay gap is worse than thought: Study shows women actually earn half the income of men,” NBC announced recently in reference to a report titled “Still a Man’s Labor Market” by the Washington-based Institute for Women’s Policy Research, which found […]

The Best Argument Against Minimum Wage Laws: You Don’t Own Other People

Like anything else, the seller—the prospective employee—owns what is offered for sale. With Democrats about to take control of the House, it is likely we will see an increase in the federal minimum wage pass the lower chamber, even if it has no chance of becoming a law. We will just as surely hear opponents making […]

Alexandria Ocasio-Cortez Won’t Be the One to Finally Make Socialism Work

The recently elected lawmaker supposedly has the capabilities to team up with Bernie Sanders and bring about socialism that will not result in a loss of liberties or drive whole societies into poverty—or at least, that is what progressives believe. I receive near-daily emails from The Nation, the hard-left publication that has never acknowledged a communist […]

France’s Tax Revolt: What Separates the Yellow Vests from America’s Tea Party

At first glance, the French yellow vests and American Tea Party seem quite similar, but once you look closely, the resemblance disappears. France is seeing large-scale protests against massive hikes in petrol prices, sparked by tax increases. Is the anti-tax uprising sustainable or bound to disappear? Macron’s Petrol Tax Hike In an effort to make […]

NYT: Biofuel Mandates Have Been an Environmental Disaster

Across the world, the effects of biofuels mandates have been profoundly negative. Gridlock that stops any legislation from being passed is usually better than “bipartisanship.” To get bipartisan support, legislation has to buy off power brokers and special interest groups in both political parties. A classic example is America’s harmful legislation requiring the use of biofuels. […]

Post Office Has Boom Year, Loses More Money Than Ever

Is it time to privatize the US Postal Service? For the US government’s 2018 fiscal year, the US Postal Service reports that it successfully boosted its annual revenue by $1 billion over the previous year to $70.7 billion, marking a boom year for its mail and package delivery services. Unfortunately, it also spent about $3.9 billion more […]

PODCAST: Facebook Is Awful, but What’s the Alternative?

It’s no secret that social media is in a bit of a shambles. The big players like Facebook, Twitter, and YouTube are purging accounts, censoring content, and mining data. Many users are very unhappy with them. But what alternatives do we have? Maybe more than you think. Join James Harrigan and Antony Davies along with […]

Why Spiritual People Are More Inclined to Embrace Free Markets Than Materialists

Capitalism, after all, is a system that requires a level of comfort with inequalities in material outcomes. In his 1993 book The Catholic Ethic and the Spirit of Capitalism, the late Christian philosopher Michael Novak wrote that certain cultures are more likely to favor capitalism. Among them were the following: Confucian, Jewish, Protestant, and Northern European Catholic. […]

Can You Name a Single Nation That Became Rich with Collectivist Policies?

Classical liberalism is the key that unlocked modern prosperity. I periodically ask my left-leaning friends to identify a nation that became rich with statist policies. They usually point to Sweden or Denmark, but I point out that Sweden and Denmark became rich in the 1800s and early 1900s when government was very small. At that point, they don’t really have any other […]

VIDEO: Magatte Wade on Eliminating Global Poverty

Entrepreneur and star of the groundbreaking documentary, “Poverty, Inc., Magatte Wade shares her views on how to help places like her home-country of Senegal escape poverty. The secret? Institutions that allow free people to create their own businesses without relying on handouts from the international community.  NOTE: We’re already gearing up for FEEcon 2018, […]

Why Poor People in the Freest Nations Have Incomes 8x Higher Than Poor People in the Least Free

A look at how economic freedom affects the income of the poor. Everyone interested in classical liberalism is familiar with the left-wing narrative that free markets undermine democracy and make the poor poorer. Those who perpetuate these fallacies often describe free market advocates as defenders of the greedy rich while painting socialists as heroes for […]

Cuba’s Exit From Brazil’s “More Doctors” Program Reveals the Exploitative Nature of Socialism

Socialists always prove to be greedier and more eager to exploit human labor than any capitalist could ever be. One of the many propaganda claims made by advocates of socialism is that in free markets, health care is just a privilege instead of a human right. Socialist candidates routinely demonize profit and private initiative and promise […]

California’s Typhus Surge Is Linked to Fleas, Feces, and Bad Economic Policies

There might not be a government-backed solution to Los Angeles’ typhus outbreak, but if the city’s and state’s politicians really want to end homelessness, then repealing zoning and minimum wage laws would be a great start. Typhus is on the rise in Los Angeles, with its epicenter in downtown, where the city’s sanitation officials are struggling to […]

Why We Need More Climate Change Skeptics

Instead of demonizing such skeptics, we need to encourage and respect such people who work hard to identify where biases have interfered with the pursuit of truth. Climate scientists are not prophets. Those who believe them on faith provide no good service to the pursuit of truth. Those who blame climate change for every storm […]