Entries by Foundation for Economic Education (FEE)

Bureaucracy Unlimited: “Enforcement creep” frees government to grow unchecked by NICOLE KARDELL

Big Gov and Big Biz. Are they holding hands, shaking hands, or boxing? It depends on the day and the issue. But while Big Biz hardly seems like a sympathetic character, Big Gov always has the upper hand. Remember Arthur Anderson? Perhaps not. It used to be the biggest accounting firm around. Then the Justice […]

Sharing Economy comes to Florida State University

Peer-to-peer exchange opens new frontiers for freedom and innovation by ZENA AZIZ. The sharing economy is changing the way people interrelate. Interactions have gone from selling used items on eBay, to renting apartments on Craigslist, and now requesting rides from a stranger through our smartphones. The peer-to-peer economy is morphing the culture of millennials into […]

Why Socialism Causes Pollution by THOMAS J. DILORENZO

Corporations are often accused of despoiling the environment in their quest for profit. Free enterprise is supposedly incompatible with environmental preservation, so that government regulation is required. Such thinking is the basis for current proposals to expand environmental regulation greatly. So many new controls have been proposed and enacted that the late economic journalist Warren […]

Internet at the Speed of Government

Warmed over regulations from 80 years ago won’t fix the Web by LAWRENCE W. REED. Last month, the Federal Communications Commission launched a historic power grab over the Internet, euphemistically known as “net neutrality,” based on a Great Depression-era law to regulate public utilities. While entrepreneurs are pursuing cutting-edge business models and developing previously unimaginable technologies, Washington bureaucrats […]

Are Markets Myopic? The illusion of government looking out for the long term by ROBERT P. MURPHY

We often hear that individual investors are myopic. They make decisions based on a relatively short time horizon, so forget about the long run. That’s why we need government officials to step in with regulations, as well as corrective taxes and subsidies, to guide the market toward long-term social goals. Or so the story goes. […]

The Inhumanity of Population Control

The Perceived Problems of Global Population Growth Are Failures of Governance by CHRISTOPHER LINGLE… Once again the Bush administration has come under fire for a decision that runs counter to conventional wisdom. Undeterred by widespread denunciations after opposing the Kyoto Protocol, it announced that funds appropriated by Congress to the United Nations Population Fund (UNFPA) […]

Decentralization: Why Dumb Networks Are Better

The smart choice is innovation at the edge by ANDREAS ANTONOPOULOS… “Every device employed to bolster individual freedom must have as its chief purpose the impairment of the absoluteness of power.” — Eric Hoffer In computer and communications networks, decentralization leads to faster innovation, greater openness, and lower cost. Decentralization creates the conditions for competition […]

CLICHÉS OF PROGRESSIVISM #47 – “The Solution to Overpopulation Is Population Control” by WALTER E. WILLIAMS

According to an American Dream article, “Al Gore, Agenda 21 and Population Control,” there are too many of us and it has a negative impact on the earth. Here’s what the United Nations Population Fund said in its annual State of the World Population Report for 2009, “Facing a Changing World: Women, Population and Climate”: “Each birth results not only […]

Minnesota Mythbusting

A Huffington Post blogger claims the state’s recovery debunks laissez faire by COREY IACONO, MATT PALUMBO… “US Uncut” founder Carl Gibson is known for creating shocking, if dubious, viral memes about the economy. On the progressive group’s Facebook page, he’s claimed that Switzerland is such an equal society because they have a minimum wage of $50,000 a […]

Adam Smith: Zen Master East and West converge on the “power of now” by SANDY IKEDA

According to Eckhart Tolle, the popular author of spiritual books including The Power of Now, happiness is only possible in the present, the now. Past and future are beyond reach, and so “the present moment is all you ever have.” He writes: Nothing ever happened in the past; it happened in the Now. Nothing will ever happen […]