Entries by Foundation for Economic Education (FEE)

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 […]

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 […]