US States Renamed as Countries with Similar GDPs
It was largely free markets, free trade, and capitalism that propelled the US from a minor British colony in the 1700s into a global economic superpower and the world’s largest …
Foundation for Economic Education
Rube Foster: “The Father of Black Baseball”
The first two decades of the 20th century produced several aborted attempts to create a league of black baseball teams. None lasted more than a season—until Andrew “Rube” Foster stepped …
What Can We Expect from Africa in the 2020s?
Throughout the 2020s, sub-Saharan Africa is likely to continue to be one of the world’s fastest-growing regions. Average incomes will rise, life expectancy will increase, and infant mortality rates will …
Was the New Deal Really a War on Free Enterprise? It’s Complicated
In a new book, Cornell University historian Lawrence Glickman explores the complicated legacy of the New Deal. With notable chagrin, the author argues that the Age of Reagan allegedly killed …
Why Doubling Down on Social Security Is Unfair to Gen Z and Millennials
The current unfunded liabilities for Social Security are over $34 trillion. Dear Gen Z and millennials: Wouldn’t you rather have your own retirement fund you manage yourself instead of the …
Democratic Candidate Calls for Tripling the Minimum Wage
Economic laws are immutable even if the whims of politicians are not. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and …
This Entrepreneur Is Suing for the Right to Transport Hospital Patients Across State Lines
When Phillip Truesdell spotted an ambulance with a “For Sale” sign sitting on the side of the road, he saw an opportunity—and turned the single ambulance into a fleet that …
Yale Study: Vast Majority of High Schoolers Unhappy at School
A new study by Yale researchers finds that nearly three-quarters of high schoolers report negative feelings toward school. Is it time to rethink the mass schooling approach? Foundation for Economic …
If Only Economics Was as Easy as Rocket Science
Economics is not like physical sciences, and reasoning and analogies based on them are often misleading in economics. Further, they can be dangerous to society, particularly in the mouths of …
How Democracy Is Undermining the Constitution and Civil Liberties
Perhaps the most blatant evidence against the idea that moving toward more democracy is always an improvement is the frequency with which policies and candidates claiming majority support advance coercive …