Entries by Foundation for Economic Education (FEE)

Does Government Spending Help the Economy?

The evidence says bigger isn’t better by COREY IACONO. How much government spending is enough, and how much is too much? While some spending on infrastructure, defense, and courts is probably beneficial, many economists suspect that public spending has decreasing marginal benefits: after a certain point, further spending results in slower growth by crowding out […]

Food Freedom and the Science of Association

“Food freedom” shows the importance of free association to community by WILLIAM SMITH. “Americans of all ages, all conditions, all minds constantly unite. Not only do they have commercial and industrial associations in which all take part, but they also have a thousand other kinds: religious, moral, grave, futile, very general and very particular, immense […]

By the Power Vested in Us: Confessions of a freedom bride by ALYSON HUDNALL

My fiancé is white. I’m not. We plan to jump the broom this summer, to honor my heritage and the hardships of couples like us. The tradition was born under anti-miscegenation laws that forbade blacks from marrying. And signing an official state marriage license feels inappropriate, considering the racist history behind it. Anti-miscegenation laws had been a part of […]

Net Nonsense

Market competition is creating a better Internet, without the FCC by JULIAN ADORNEY. Over the past few years, millions of concerned citizens have called on the FCC to pass Net Neutrality. Many claimed that without tight regulation, Internet service providers (ISPs) would wreak all kinds of mischief, from creating “slow lanes” for ordinary users to blocking access to certain sites. After […]

Filthy Stinking Profits: Entrepreneurs have a nose for potential by DANIEL J. SMITH, ZAC THOMPSON

Imagine a product that leaves your home covered in soot. Worse, imagine it makes your entire neighborhood smell like rotten eggs. The stuff discovered in Lima, Ohio, did just that. “Even touching this oil,” writes historian Burton Folsom, “meant a long, soapy bath or social ostracism.” Why even bother to pump such “skunk oil” out […]

Profits Are the Only Business of Business by D.W. MACKENZIE

Forty-three years ago today Milton Friedman published his article “The Social Responsibility of Business Is to Increase its Profits.” It is to Friedman’s credit that most of this short article rings as true today as it did on September 13, 1970. It is at the same time disappointing that this piece remains timely precisely because […]

Going Postal, Again: The USPS is in the red for the eighth straight year by DOUG BANDOW

The United States Postal Service (USPS) lost $5.5 billion last year. That is the eighth annual loss in a row and the third-highest ever. The only silver lining is that the loss was below the red-ink tsunami of $15.9 billion in 2012. Why does the federal government deliver the mail? Why does it have a monopoly over […]

Freedom’s Presidents

Jeffrey Rogers Hummel on President Martin Van Buren (1837–1841) Martin Van Buren was the least bad president in American history. Although other chief executives had some libertarian accomplishments, he was by far the most consistent. Domestically, Van Buren kept government spending and taxes low, and also brought to culmination the Jacksonian program for the “divorce […]

Am I a Hypocrite?

Avoiding hypocrisy in an unfree world by SANDY IKEDA. What do you think of someone who espouses the principle of nonaggression but lives off the fruits of aggression? How moral is it to oppose political power while benefiting from political power? Is it contradictory to write, lecture, and actively protest government intervention while at the […]