Entries by Foundation for Economic Education (FEE)

What Is Cancel Culture? Getting Beyond The Partisan Talking Points

Eighty percent of Americans say that, “political correctness is a problem in our country.” Unless you’ve been living under a rock for the past five years, you’ve probably heard of cancel culture. But what is it? Why do people on the right and left—and libertarians—disagree so vehemently on everything from whether or not it’s a […]

Biden’s Student Loan Bailout Is a Textbook Example of ‘Legal Plunder’

The president is attempting to pervert the law and use it for naked clientelism. UPDATE VIDEO: Top Biden officials set to benefit from loan forgiveness There’s an apocryphal quote often misattributed to Ben Franklin that goes something like this: “When the people find that they can vote themselves money, that will herald the end of […]

The Real Problem with Greta Thunberg Is Not Her Age

Greta Thunberg first came into the public light in 2018 when she started a school strike on climate in front of the Swedish parliament. March 15th saw enthusiastic worldwide school student protests inspired by passionate appeals from 16-year-old Swedish school girl-turned-global-leader Greta Thunberg. Thunberg first came into the public light last year when she started […]

The Australia Model for Gun Control Is Useless

The case of gun control advocates for the U.S. to move to the Australia model for gun ownership is faulty at best. In the wake of the mass shooting in Las Vegas, which left dozens dead and hundreds wounded, a great number of people have laid the blame on America’s relatively lax gun laws and […]

Biden’s Student Loan Dilemma and the Political Business Cycle

Political incentives shape policy decisions, which is why the freeze on student loan payments is unlikely to be rescinded without some forgiveness this close to midterms. The White House recently announced that President Biden’s decision on whether to continue the freeze on student loan payments would come sometime in the next week. “We’ve been talking daily […]

How Disruptive Innovation Is Accelerating the Growth of Alternative Learning Models

Disruptive innovation is reshaping how children learn and expanding access to alternative education models. Disruptive innovation usually begins on the margins, with a few, intrepid users embracing a new product or service. Abetted by new technologies, a disruptive innovation penetrates the mainstream when its quality is proven to be as good, if not better, than […]

4 Differences between the Freedom Brand and the Freedom Philosophy

If genuine freedom is the goal, rhetoric about liberty won’t be enough. If you ask the average American what they think about “freedom” or “liberty,” chances are you’ll get a positive response. A love of liberty is built into the cultural fabric of America, and this is especially evident when we compare the US to […]

When Government Meddlers Run Amok

Self-improvement is the answer to interventionism. The world is beset by meddlers run amok. Government officials around the globe have been on an interventionist decree spree, placing whole populations under house arrest, shutting down entire industries, mandating medical procedures for millions, and so much more. What can anti-interventionists do about such a metastasis of mass-meddling? […]

Why We Should Take the “Socialism” Part of Democratic Socialism Seriously

Democratic socialism isn’t the same as autocratic communism, but there are problems with socialism that democracy can’t solve. In the wake of Alexandria Ocasio-Cortez’s recent primary victory, many writers have made the cases for and against democratic socialism. Both its defenders and its critics have tried to insist, quite rightly, that those who support democratic socialism […]

Economics Can Help You Understand Why Warner Bros. Sunk $90 Million Batgirl Movie

Many questioning the decision are victims of the sunk cost fallacy. Warner Bros. Discovery (WBD) recently made headlines when they canceled the release of their upcoming Batgirl movie, starring Michael Keaton, J.K. Simmons, and Leslie Grace in the title role. Movies get canceled all the time, but what shocked many was the fact that Batgirl was already finished filming. […]

17 Benjamin Franklin Quotes on Tyranny, Liberty, and Rights

Benjamin Franklin was dubbed “The First American” for a reason. Americans remember Benjamin Franklin as one of our founders. That is fitting because he was not just our most famous citizen at our country’s birth, but he was also so much a central part of that birth that he has been called “The First American.” […]

Rents for One-Bedroom Apartments in Manhattan Hit a Record High of $5,100 in July. Here’s Why

Think your rent is too damn high? Well, taking a look at the latest figures out of Manhattan might make you feel better by comparison. In July, the average rent for a one-bedroom in Manhattan rose to $5,113, CBS News reports. That’s an astounding $1,000 more than a year ago and a new record high. These […]

A ‘Made in America’ iPhone Would Cost $2,000, Studies Show

Would you be willing to pay $2000 for a phone that costs only half that much today? How much would an all-American iPhone cost? About $2,000 according to two reports, one recent and one from 2014. From Jefferson Graham writing in USA Today a few days ago: Would you willingly spend $2,000 to buy an iPhone that today costs […]

The 5 Cities With the Highest Inflation in America

In each of these cities, inflation is higher than 10 percent. My wife and I recently were out for our morning walk and she commented on how weird inflation is. Some prices are sky high, she observed, while others have barely budged. A carton of eggs is up 33 percent over the last year, while tomatoes haven’t changed […]