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Lawrence W. Reed

FEE's mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org

Hannah Arendt’s Chilling Thesis on Evil

July 31, 2022 by Lawrence W. Reed

“I was only following orders,” Nazi war criminal Adolf Eichmann claimed in the colorless, matter-of-fact fashion of a typical bureaucrat. The world thought his performance a fiendishly deceptive show, but …

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Categories Business & Economics

I(nflation), Pencil: What a Simple Pencil Can Teach Us about Energy Prices and Inflation

July 30, 2022 by Benjamin R. Dierker

Yes, a small wooden pencil required millions of barrels of crude oil, billions of cubic feet of natural gas, thousands of tons of coal, and even nuclear fission to be …

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Categories Business & Economics

The Case for Being Economically Dependent on China

July 29, 2022 by Patrick Carroll

A recent Wall Street Journal Op-Ed argues that while tariffs and corporate subsidies might be economically inefficient, inefficiency is the price of ensuring we don’t become too dependent on China. …

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Categories Business & Economics

The Biden Administration Says US Not in a Recession, but Federal Statutes Say Otherwise. Who is Right?

July 28, 2022 by Jon Miltimore

Is the US economy in recession? The answer is, paradoxically, both easier and more complicated than you might think. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect …

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Categories Business & Economics

What the War in Ukraine Can Teach Us about the Dangers of Censorship

July 27, 2022 by Matt Hampton

Russians face jail sentences for protesting their government’s war in Ukraine.  Here’s what Americans should take away from Russia’s dystopian censorship. Foundation for Economic EducationFEE’s mission is to inspire, educate, …

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Categories Business & Economics

Harvard Faculty Survey Reveals Striking Ideological Bias, But More Balanced Higher Education Options Are Emerging

July 27, 2022 by Kerry McDonald

Only 16 percent of Harvard faculty members classify their political views as “moderate,” and just one percent indicate that their views are “conservative.”   Harvard is hardly alone in its …

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Categories Business & Economics

Who Really Needs a Definition of Recession?

July 26, 2022 by Peter Jacobsen

Individuals trying to manage their households and businesses don’t need access to macroeconomic metrics to know things are going badly in the economy. When businesses are unable to secure customers, …

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Categories Business & Economics

8 Ideas That Will Teach You to Think Like an Economist

July 25, 2022 by Ninos P. Malek

Some characterize economics as applied common sense. In many ways, they’re right. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and …

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Categories Business & Economics

Why Gen Z Should Ditch ‘Virtue’ in Consumer Purchases and Embrace the Trader Principle

July 24, 2022 by Kimberlee Josephson

Just like when those who are promoted to power positions should be educated about managerial practices, so too should those who have increased spending power be educated on marketing tactics …

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Categories Business & Economics

Dictators Who Laud Bitcoin Deserve Your Scorn, Not Your Praise

July 23, 2022 by Emmanuel Rincón

If we have learned anything from history, it is that money—of any kind—will be used for both the most beneficial and the most terrifying causes. Money, like weapons, medicines, or …

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Categories Business & Economics
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