Entries by Foundation for Economic Education (FEE)

Hawaii’s Attempt to Raise Tobacco Age to 100 Reveals the Soft Tyranny of Neo-Moralists

No matter how noble a cause, efforts to legislate morality have a rather dubious track record. The road to hell is paved with good intentions. And on that road, there is, perhaps, nothing more dangerous than legislators committed to making sure those intentions come to pass. However, no matter how noble a cause, efforts to […]

Red Flag Gun Laws Turn Due Process on Its Head

Americans should resist the trend of assumed guilt and demand elected officials end this assault on our constitutional rights. Red flag laws have spurred quite a bit of controversy. This legislative movement seeks to create a process to remove firearms from the homes of people who are rumored to be dangerous to themselves or others. The […]

The Best and Worst Cities in the United States

There are several options if you want to measure economic freedom and competitiveness among nations (rankings from the Fraser Institute, Heritage Foundation, and World Economic Forum). You also have many choices if you want to measure economic freedom and competitiveness among states (rankings from the Tax Foundation, Mercatus Center, and Fraser Institute). But there’s never been a good source if you […]

Minimum Wage Memes: What They Miss and How They Mislead

Sifting through the internet’s conjecture and extracting the economic truth. f you have spent much time on Facebook the last few days, you may have seen this meme being passed around from a user named Thomas Corbett: It has already been shared over 109,000 times, and it is just one of a number of similar viral […]

Freedom of Choice—Not Competition—Is What Sets Capitalism Apart

Capitalism is not “a system of competition” any more than any other system. Capitalism has often been described as “a system of competition” by its adversaries, or a system “based on competition.” Naturally, this assertion is usually coupled with a spirited oration on how this “tooth ‘n’ nail” competition psychologically corrupts us—pitting man against man […]

Why Racism and Sexism Never Diminish—Even When People Become Less Racist and Sexist

The paper gives us a way of thinking more clearly about shifts in the Overton window. The idea that concepts depend on their reference class isn’t new. A short basketball player is tall and a poor American is rich. One might have thought, however, that a blue dot is a blue dot. Blue can be […]

California’s New Governor Calls for a Tax on Drinking Water

Communities throughout the state struggle with dangerous pollutants in their supply, but opponents of the suggested tax say there is no need to tax residents in order to solve the problem. California’s new governor has wasted little time continuing the state’s seemingly limitless expansion of government. Governor Gavin Newsom’s first budget proposal, published last week, suggests instituting […]

What the Nazis Borrowed from Marx

Polylogism is the replacement of reasoning and science by superstitions. It is the characteristic mentality of an age of chaos. – Ludwig von Mises The Nazis did not invent polylogism. They only developed their own brand. Until the middle of the 19th century no one ventured to dispute the fact that the logical structure of […]

Long Before the Covington High Incident, Orwell Revealed the Truth about Hate

If the media is “creating and fomenting” anger, this is only part of a bigger story. It may be time to take a lesson from ‘1984’, the political allegory by George Orwell. What could be a better story for a media devoid of “journalistic ethics” than a group of Catholic high school students, wearing MAGA hats, […]

Only Economic Growth Will Save the United States of America

Gordon Gekko missed the mark with his famous Wall Street monologue about American capitalism. It is not greed but economic growth that is, for lack of a better word, good. Growth is right. Growth works. Growth clarifies, cuts through, and captures the essence of the evolutionary spirit. Growth has marked the upward surge of mankind. And growth—you […]

The Truth about the Shutdown: Daily Federal Spending Fell Just 7% During “the Government Shutdown”

Editor’s Note: Lawmakers reached a temporary agreement with the president to reopen the government on Friday. In our Principles of Microeconomics courses, we sometimes consider whether a firm should shut down some line of production. A firm shuts down when it ceases operations—when it closes down and stops its production. The firm stops spending money on everything […]

Venezuelans Stand on the Edge of History

Venezuelans took to the streets across their country Wednesday to protest the beginning of a second term for President Nicolás Maduro. Following years of famine, the decimation of savings, and the destruction of a once-leading Latin American economy, tens—perhaps hundreds—of thousands of Venezuelans took to the streets across their country Wednesday to protest the beginning […]

Rights and Non-Rights: A Simple Way to Distinguish the Two

Despite the centrality of rights in American history, it’s readily apparent today that Americans are of widely different views on what a right is, how many we have, where rights come from, or why we have any in the first place. That all men are by nature equally free and independent, and have certain inherent […]

The Two Energy Futures Facing America

Energy improvement does not depend on geography or race but on the right institutions. Sustainable energy—available, affordable, and reliable—requires private property rights, voluntary exchange, and the rule of law. here are two energy futures for America. One is freedom and prosperity. The other is politics, conflict, and waste. As with other goods and services, energy’s […]

George Bernard Shaw Was so Enamored with Socialism He Advocated Genocide to Advance It

For decades, Shaw was a staunch proponent of genocide, refusing to soften his views even after the full horror of the Nazi death camps was brought to light. In an excerpt from her recently published book Why Women Have Better Sex Under Socialism, Kristen Ghodsee freely quotes from the works of the playwright and Fabian Socialist George Bernard Shaw to […]