Is Inflation Taxation?
The result of monetary inflation is clear. Government has more money to work with than they would if there was no money creation. And, as inflation rises, the savings of …
Foundation for Economic Education
DeSantis Reminds Public Universities of Uncomfortable Truth About ‘He Who Pays the Piper’
This is a message for those who demand money from others but freak out when accountability is introduced to the “exchange.” Foundation for Economic EducationFEE’s mission is to inspire, educate, …
‘Puss in Boots: The Last Wish’ Reveals the Key to Human Happiness
The writers of Last Wish have a warning about praying for miracles on shooting stars and remind us of an important lesson: don’t forget the blessings right in front of …
‘Caddyshack’ Shows Why Many Intellectuals Hate Capitalism
Any system that rewards entrepreneurship instead of good grades and helping the teacher clean the erasers after class is obviously unfair. Foundation for Economic EducationFEE’s mission is to inspire, educate, …
The Russian Mathematician Who Exposed the Cannibalistic Nature of Socialism
Meet the brilliant mathematician— born 100 years ago today—who revealed how socialism suppresses individuality, destroys culture, and poses a threat to humanity’s very existence. Foundation for Economic EducationFEE’s mission is …
The Economics of Scrunched Up Cash
Have you ever intentionally spent a scrunched up bill just so you wouldn’t have to carry it around in your wallet? There’s an economic law behind this kind of behavior. …
Winston Churchill’s Gold Standard Folly
Churchill’s instincts were right in calling for a return to the gold standard following World War I. But he made a crucial error in execution. Foundation for Economic EducationFEE’s mission …
Why the Late Robert Lucas Deserved His Nobel Prize
As the Lucas critique points out, people are not simply chess pieces responding to the parameters enlightened experts tweak. Instead, people are intelligent and responsive. You cannot expect people to …
The Big Problem With the Traditional ‘Political Spectrum’ Children Are Taught in Schools
The classic political spectrum taught in most classrooms is completely wrong. Foundation for Economic EducationFEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal …
Green Energy Has a Dirty Secret
Siddharth Kara, a fellow at Harvard’s T.H. Chan School of Public Health, studied the work conducted by “artisanal” miners in the Democratic Republic of the Congo. The description of these …