Football and the Sunk Cost Fallacy
Even trained economists fall victim to the sunk cost fallacy. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles …
Foundation for Economic Education
I Was Sentenced to Life Without Parole for a Non-Violent First Drug Offense
Federal drug laws, especially marijuana laws, are long overdue for reform. The “fix” must also include sensible relief for prisoners of the failed War on Drugs. Foundation for Economic EducationFEE’s …
I Was Sentenced to Life Without Parole for a Non-Violent First Drug Offense
Federal drug laws, especially marijuana laws, are long overdue for reform. The “fix” must also include sensible relief for prisoners of the failed War on Drugs. Foundation for Economic EducationFEE’s …
Lenin Was Right about the Destructive Power of Inflation
The lesson from history, from the Roman empire to the current disaster in Venezuela, is that governments’ appetite for spending is insatiable, and “quantitative easing” ultimately ends in hyperinflation and …
Antoninus Pius: The Greatest Roman Emperor You’ve Never Heard of
Can you identify one good Roman emperor—besides Marcus Aurelius? It’s not easy. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and …
How Schools Promote Fixed Mindsets and Prevent Growth
Rules, regulations, people, books—they may have all changed. But one thing has remained constant from the start: public schools promote fixed mindset thinking. Foundation for Economic EducationFEE’s mission is to …
The Long-Term Benefits of Corporate Tax Cuts Are Undeniable
Critics want to divert attention from the positive long-run effects of corporate tax cuts for workers. So they focus on the short run, allowing them to hide such gains from …
What the Founding Mothers of Liberty Can Teach Us about True Rights and Responsibilities
As our founding mothers insisted, only individuals have rights, and all of us have the same rights to life, liberty, and the pursuit of happiness. To protect them, we have …
There’s No Need to Curb Population Growth. Here’s Why
Contrary to conventional wisdom, population growth is not accelerating but slowing. By 2030 annual growth is expected to fall below one percent, UN data show. By 2080 annual population growth will …
ISAs: The Friedman Solution to the Student Loan Crisis
The brainchild of Nobel Prize-winning economist Milton Friedman, they are a substantial step toward enabling students to pursue higher education without taking on the debt. Foundation for Economic EducationFEE’s mission …