Entries by Foundation for Economic Education (FEE)

The 20 Biggest Advances in Tech Over the Last 20 Years

Despite what you may read in the newspapers or see on TV, humans continue to reach new heights of prosperity. Another decade is over. With the 2020s upon us, now is the perfect time to reflect on the immense technological advancements that humanity has made since the dawn of the new millennium. This article explores, […]

How a Lowly Monk Ended Rome’s Bloody Gladiator Duels

Telemachus, a previously unknown monk, moved the heart of a Roman Emperor. Fought in stadiums before tens of thousands of boisterous onlookers, ancient Roman gladiator duels are well known today—more than 1,600 years since the last one was fought. Too few people, however, know of the one man who deserves the most credit for bringing […]

6 Reasons for Optimism in 2020

We have much to be grateful for and many reasons to be ecstatic about continued human progress. The 2010s have been the best decade ever. The evidence is overwhelming.” Those are the words of Cato Institute senior fellow Johan Norberg, penned in an op-ed for the Wall Street Journal. Norberg’s words seem hyperbolic at first glance, but he […]

The World’s Recycling System Is Falling Apart. What’s Going On?

All recycling in history, in all its innovative variants—and at levels from individual scrap collectors to energy-conserving industries—had been economic. What happened? Recycling was one of those great ideas of the 1970s, right? One of the first great movements to save the earth from resource depletion and the land and sea from human refuse? Who […]

3 Reasons Millennials Should Ditch Karl Marx for Ayn Rand

The fact of the matter is that Karl Marx doesn’t align with what’s important to us Millennials. It’s time to look to a new philosopher, like 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, […]

California’s War on Gig Work Falls Hardest on Women

California’s Assembly Bill 5 has already had an adverse impact on the state’s freelance writers, approximately two-thirds of whom are women. This year, California’s progressives decided to wage war on the nightmare of being your own boss. A new state law aimed at limiting the gig economy has already cost hundreds of people their jobs—and […]

The Little-Known History of the Wild West Is the Ultimate “Mandalorian” Easter Egg

Whether it’s intentional or not, there is some evidence of historical reality in “The Mandalorian.” I love Star Wars and I enjoy a good Western, so it’s no surprise to any of my friends and co-workers that I’ve been engrossed with The Mandalorian on Disney+. I’ll go ahead and warn you now, there will be some spoilers ahead, […]

New York City Experienced Worst Decline in Restaurant Jobs since 9/11 After $15 Minimum Wage Win

The Big Apple’s fast-food industry, The New York Times recently reported, has long served as a laboratory for progressive politicians and the nation’s labor machine. But new economic research suggests their latest experiment is not going as planned. Data show that following the labor movement’s “Fight for $15” victory, which imposed steep annual increases in mandatory wages for […]

7 Things I’d Do if I Wanted to Keep Poor People Poor

Spoiler: we’re already doing all of these things. If I wanted to keep poor people poor, there are several government policies I would favor. Let’s count them down. 1: An Expanding Welfare State For starters, I would advocate for a robust and ever-expanding welfare state—programs like Medicaid, food stamps, unemployment insurance, etc. I would recognize […]

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 […]