Entries by Foundation for Economic Education (FEE)

Yes, the Alt-Left Exists and It’s Terrifying by Keri Smith

For those self-identified liberals who may have been seduced by this belief system, by its propaganda, and are fuming at this piece, thank you for reading. —  Keri Smith When writing this piece, a quote kept rattling around in the back of my head. It was the title of the opening chapter of “The Feminine Mystique,” […]

‘Liberal Socialism’ is Another False Utopia by Richard M. Ebeling

Very often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual garb, and offer “solutions” that would merely help to bring about some of the very types of crises for which they once again claim to have the answers. Socialism in its […]

Unions Are the Worst Labor Day Deal by Gary M. Galles

Every Labor Day, unions repeat assertions of advancing the interests of all workers. But those claims are false. Unions harm most American workers. Project Labor Agreements Unions use government-delegated powers to restrict competition from other workers, extracting higher wages for their members. But higher wages mean fewer job openings because each worker is more expensive […]

Obama Policy That Encourages Banking Discrimination Is Finally Ending by Daniel J. Mitchell

Trump has been President for more than 200 days and those of us who want more economic liberty don’t have many reasons to be happy. Obamacare hasn’t been repealed, the tax code hasn’t been reformed, and wasteful spending hasn’t been cut. The only glimmer of hope is that Trump has eased up on the regulatory burden. More should be […]

Millennials Are in a Love Triangle with Capitalism and Socialism by Andrew J. Taylor

There’s been a lot of talk recently about how Millennials – the generation born between roughly 1980 and 2000 – think about economics. Much of it was sparked by the fanatical support for self-described “Democratic Socialist” Bernie Sanders from young people in the Democratic primary for president last year. Millennials have economic attitudes that are […]

Child Labor Was Wiped Out by Markets, Not Government by Antony Davies & James R. Harrigan​

In 1938 the US government passed the Fair Labor Standards Act mandating a forty hour work week, establishing a minimum wage, and prohibiting child labor. Because of legislation like this, government is often credited for making the American work environment safer and more fair. Yet, as Antony Davies and James Harrigan demonstrate with historical data, […]

Some Refreshing Honesty about the Purpose of Mass Schooling in Florida by Kerry McDonald

In case there was any ambiguity over the idea that mass schooling values and rewards conformity and compliance, an elementary school in Florida has made it very clear. At Deer Park Elementary School in Pasco County, signs appeared this week showing a hierarchy of behaviors from good to bad. “Democracy” was at the top, “Anarchy” was at […]

Removing Statues of Violent Bigots? Start with Ché by Federico N. Fernández

Rosario is Argentina’s second oldest city. Located by the Paraná river, it is the home of hard-working people, a busy port, the national flag memorial, and the country’s bitterest football rivalry between Rosario Central and Newell’s Old Boys. It is also the birthplace of Ernesto “Ché” Guevara. In the last fifteen years or so, coincidentally […]

Homeschoolers: The Enemy of Forced Schooling by Kerry McDonald

I was born in 1977, the year John Holt launched the first-ever newsletter for homeschooling families, Growing Without Schooling. At that time, Holt became the unofficial leader of the nascent homeschooling movement, supporting parents in the process of removing their children from school even before the practice was fully legalized in all states by 1993. Today, his […]

Socialism – Not Oil Prices – Is to Blame for Venezuela’s Woes by Kristian Niemietz

So the Left is finally talking about Venezuela again. That is a good thing. For about a decade, large sections of the Left were in the grip of Venezuelamania. We would not hear the end of it. Venezuela’s version of socialism was their shining example, the model which the rest of the world should emulate. When the country’s meltdown could […]

Government, Not Automation, Destroys Jobs by Jairaj Devadiga

A few weeks ago, road and highways minister Nitin Gadkari said that driverless cars would be banned in India in order to “protect jobs.” This kind of fallacious argument is nothing new. For the past year or so, newspapers have frequently published articles arguing that automation is to blame for job losses. Even seemingly intelligent people like […]

Why Do So Many Intellectuals Oppose Capitalism? by Alberto Mingardi

Following the valuable advice of co-blogger David Henderson, I’ve gotten my hands on Milton Friedman on Freedom, a new collection edited by the Hoover Institution. The book will surprise all of us who never properly appreciated the insights and wisdom of Friedman’s political thinking. His own peculiar blend of classical liberalism comes out all the more as subtle and […]

The Illusion of School Choice by Antony Davies and R. Harrigan

In private schools, as in private enterprise in general, poor performance drives funding away by driving paying customers away. Yet in public schools, poor performance is used as an excuse for increased funding. With incentives like these, is it any wonder that public schools are failing our children so badly? Isn’t it time to inject […]

The Medical Cartel is Keeping Health Care Costs High by Travis Klavohn & Laura Williams

In 2010, the small town of Collegedale, Tennessee had the dubious distinction of having the highest prevalence of Type II Diabetes in the world. Without a single endocrinologist in the small town, those suffering from this preventable and treatable form of the disease were unable to gain access to the treatment they needed. Dealing with […]