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FEE

FEE - 2017-07-24 - Original post - cached version

Gary Cohn is a very accomplished individual, whose career and background recommend him for all sorts of prominent jobs. Unfortunately, he remains the wrong choice for Fed Chair.

FEE - 2017-07-24 - Original post - cached version

We would not trust Wells Fargo to investigate allegations of fraud committed by Wells Fargo. Neither should we trust the government to investigate itself when it comes to matters of life and death.

FEE - 2017-07-24 - Original post - cached version

A Toronto man who spent $550 building a set of stairs in his community park says he has no regrets, despite the city's insistence that he should have waited for a $65,000 city project to handle the problem. 

FEE - 2017-07-24 - Original post - cached version

When CNN came to this year's FreedomFest in Las Vegas there were two big questions that the reporter sought to answer. What is FreedomFest? And what do people who generally regard themselves as libertarians think of Trump and the Trump administration?

FEE - 2017-07-24 - Original post - cached version

Steve Jobs believed that all students would benefit from more school choice, as the monopoly in education was broken up. “The market competition model seems to indicate that where there is a need, there is a lot of providers willing to tailor their products to fit that need, and a lot of...

FEE - 2017-07-24 - Original post - cached version

It is easy to assume that you as an adult “know better,” and it can be tempting to try to redirect them away from their chosen activity “for their own good.” But children play to learn, and whatever they are most eager to play at is generally the available activity that most feeds and grows...

FEE - 2017-07-24 - Original post - cached version

When you lock up a kingpin, rival factions will fight over the vacant empire. That's when homicide rates go way up. Outside of black markets, this doesn't happen when a firm has a dispute with a rival organization. In those cases, disputes take the form of lawsuits, not violence.

FEE - 2017-07-24 - Original post - cached version

People argue that capitalism has led to the crowding out of virtues such as altruism, generosity, and solidarity. The weird thing about all these assertions is that no hard evidence is ever offered to prove that free markets encourage greed. That may be because the evidence (and logic) suggest...

FEE - 2017-07-23 - Original post - cached version

If a recent report out of the U.K. is any indication, a college degree does not necessarily a good employee make. Employers are becoming increasingly dissatisfied with new employee attitudes toward work, problem-solving, and communication.

FEE - 2017-07-23 - Original post - cached version

In 1947, Milton Friedman had a radio discussion about the future of France and whether the black markets were advancing or hindering France's – and the rest of Europe's – wartime recovery. The conversation is just as enlightening today as it was 70 years ago.

FEE - 2017-07-23 - Original post - cached version

I wonder how many global warming enthusiasts have thought through the full implications of their fears of a looming apocalypse. If it is true that global warming threatens the very survival of life on Earth, then all other considerations must, by necessity, be secondary to preventing global...

FEE - 2017-07-22 - Original post - cached version

The complete legalization of marijuana is now only a matter of when and not if, ending the prohibition of all other illicit substances is not likely to happen anytime soon: that is, unless you live in Oregon where a new bill to decriminalize “hard drugs” has just passed state house and will make...

FEE - 2017-07-22 - Original post - cached version

Remember when you changed your mind? Were you convinced by someone who argued angrily at you or by someone who insulted your intelligence, your morality, or your community? I didn't think so.

FEE - 2017-07-22 - Original post - cached version

In addition to the prohibitive Canadian tariffs – over 240% once the quota is met – Quebec producers are protected by production quotas, which one must own in order to produce milk. Whoever dares to produce without this government blessing, or doesn’t sell milk through a centralized market, will...

FEE - 2017-07-22 - Original post - cached version

A recent AMA with FEE's Director of Marketing/Web Development David Veksler discussing innovation and technology.

FEE - 2017-07-21 - Original post - cached version

Selected answers from our recent AMA with Don Boudreaux, Professor at George Mason, Getchell Chair at the Mercatus Center and FEE.org author covering free trade, government deficit and much more.

FEE - 2017-07-21 - Original post - cached version

Commitment to federalism should be a long-term agenda, not just one adopted for immediate political advantage, and then quickly dropped when the electoral wind starts to blow the other way.

FEE - 2017-07-21 - Original post - cached version

Seeing Bitcoin as a revolutionary and disruptive technology, Dâniel Fraga turned all his assets into Bitcoin. In 2014, when a local politician tried to censor and extort Fraga, all the representative received was five dollars that he had left in his checking account. 

FEE - 2017-07-21 - Original post - cached version

A system can bring great wealth to a great many people, and capitalism has irrefutably done this, but that does not mean that the people who engage in the system do so because they want to make the world a better place, and their short-term choices often reflect this.

FEE - 2017-07-21 - Original post - cached version

As the rush of insurance companies exiting the Obamacare exchanges reveals in bright colors, the ACA is clearly imploding. Why abolish what the laws of economics are already eliminating?

FEE - 2017-07-21 - Original post - cached version

Recently, there has been a frightening trend of people labeling words as violent and then arguing that "violent words" call for a violent physical retaliation. This is dangerous ground. When our understanding of what constitutes violence contorted in this way, it becomes possible to unironically...

FEE - 2017-07-21 - Original post - cached version

Netflix’s new original series Gypsy, starring Naomi Watts and Billy Crudup, came out a couple weeks ago, and it’s one of those shows that’s almost too real for comfort. We’ve all known since we were three that we’re supposed to learn from our mistakes, but the underrated second part to that idea...

FEE - 2017-07-21 - Original post - cached version

“I’m sitting at home binging Netflix,” my Lyft driver explained, “when suddenly I think: I could be making money right now!” Then she hops off the sofa to grab the next notification that comes in. Out driving again, she feels productive, energetic, awesome. She loves her new life. This is how my...

FEE - 2017-07-20 - Original post - cached version

In a recent AMA, Robin Koerner discusses citizenship, identity, Brexit and more. 

FEE - 2017-07-20 - Original post - cached version

Russia is currently experiencing a positive trend in support of more political freedoms. But the real struggle comes into play when trying to educate Russian society on the merits of laissez-faire practices; a task that is unlikely to be fulfilled by an autocratic state, which opposes a market...

FEE - 2017-07-20 - Original post - cached version

Technology has proven to be extraordinarily slippery over the past century. Despite the vast information that industry insiders have had at their fingertips, they’ve made some pretty terrible forecasts over the years.

FEE - 2017-07-20 - Original post - cached version

A truly free market would allow individuals to purchase whatever they wanted from whoever they want, especially when it comes to their health and well being. And this is exactly why the Libertas Institute is working so to legalize medical marijuana for Utah patients. 

FEE - 2017-07-20 - Original post - cached version

A truly free market would allow individuals to purchase whatever they wanted from whoever they want, especially when it comes to their health and well being. And this is exactly why the Libertas Institute is working so to legalize medical marijuana for Utah patients. 

FEE - 2017-07-20 - Original post - cached version

You probably know a couple who both work full time to support their children, but even with their dual incomes, they’re finding it more and more difficult to afford health insurance. Everyday incidents like sports injuries, asthma, and blood pressure, combined with their anxiety over...

FEE - 2017-07-20 - Original post - cached version

Civility has taken quite a beating recently. From being confused with “political correctness,” to being maligned as only the domain of losers, numerous public figures have decided that treating their opponents on either side of the aisle with respect is a thing of the past. In this fracas,...

FEE - 2017-07-20 - Original post - cached version

In the coming years, billions of people will be coming online. Data suggests that these new users will contribute labor, rather than capital, to the global economy. Given their low incomes, they are unlikely to be large consumers, instead, they will bring their labor to a global market.

FEE - 2017-07-20 - Original post - cached version

The exploits of the innovators who have come before us can spark the ambitions of the next generation to make new technologies. To leave their own dent in the universe. We should pass down their lessons and their lore.

FEE - 2017-07-19 - Original post - cached version

From the time of its founding to the present day, FEE has lived through the drama and been a leader in shaping opinion. Here is a short presentation of the highlights. 

FEE - 2017-07-19 - Original post - cached version

It was once predicted that the digital age would ruin the arts. Writers from the New York Times to Billboard have commented on whether or not they think this theory have proven true, but no matter what side they're coming from, they all miss some pretty key points. The internet has affected the...

FEE - 2017-07-19 - Original post - cached version

After an in depth study of the history of ideas, it seems that the roots of psychoanalysis have major convergences with liberalism. In fact, Ludwig Von Mises was probably the first liberal economist to have written in glowing terms about psychoanalysis and Freud.

FEE - 2017-07-19 - Original post - cached version

This week on Words and Numbers, Antony Davies and James R. Harrigan tackle the disaster that is the Illinois state budget crisis.

Pro-tip: don't let it happen to your state.

FEE - 2017-07-19 - Original post - cached version

Humans have an extraordinary capacity for self-education, or autodidacticism. We are innately designed to explore, discover, and synthesize the world around us.

FEE - 2017-07-19 - Original post - cached version

“Winter is coming” is the creed of the House of Stark. It is repeated often both by the Stark family and their northern supporters scattered throughout the seven kingdoms. It is an ominous warning to never let one’s guard down or become complacent in the comfort of the present. Winter, or some...

FEE - 2017-07-19 - Original post - cached version

Many people look to the stars to interpret their personalities and predict the future. What's your sign? It's time to find out whether you are more of a Mises man, a Rose Wilder Lane lady, or a Frederick Douglass dude.

FEE - 2017-07-19 - Original post - cached version

The phrase “creative rights” is one of the great misnomers. No one can take from you the right to be creative, and that right certainly isn’t granted by some government office. And yet, the phrase is commonly invoked as a synonym for “intellectual property,” laws, which are laws that actually...

FEE - 2017-07-18 - Original post - cached version

The Congressional Budget Office's 10-year budget projections are consistently wrong. They regularly overstate economic growth, underestimates government outlays, and underestimates the effects of economic incentives. The net result is that the CBO projects lower debt and lower deficits than...

FEE - 2017-07-18 - Original post - cached version

The opioid epidemic has evolved into one of the greatest public health crises of our time and has become a contentious aspect of the ongoing debate surrounding the Republican healthcare proposal. The question remains: Has Obamacare increased the incidence of drug overdoses? And would repealing...

FEE - 2017-07-18 - Original post - cached version

Many people see Henry V's rejection of his boorish, comic companion Falstaff as a moment of maturity, but keeping him by his side would've been better for England: Falstaff's skeptical attitude toward war could have saved millions of lives if he had maintained his influence over the young king...

FEE - 2017-07-18 - Original post - cached version

Rights pre-exist government. Even if government is necessary to help to secure individuals’ rights, government did not create the rights that it was created to help secure. Your real-estate agent might be necessary to sell your home, but this fact does not thereby make her the source of your...

FEE - 2017-07-18 - Original post - cached version

Communism was not really a new or radical idea, even in 1917. It was simply a clever repackaging of the old, old story that the king knows best. The truly radical idea was and is the one in which we say, hang on a minute, maybe society does not need to be told what to...

FEE - 2017-07-18 - Original post - cached version

The Nazis were ahead of their time when it came to regulations regarding tobacco use. And they used totalitarian methods to stamp it out. 

FEE - 2017-07-18 - Original post - cached version

It is crucial to understand the essentials of capital if one wants to understand the essentials of capitalism. Israel Kirzner's book, now available for free at FEE.org, is an invaluable and enduring contribution toward that end.

FEE - 2017-07-18 - Original post - cached version

My goodness, I’m paying for stuff with a money invented by a handful of code monkeys that only a few people on planet earth even believed was possible a decade ago. That factor – downplay it if you want to – is truly underappreciated.

FEE - 2017-07-17 - Original post - cached version

Real parents not only risk loss of custody of their child, but they may even face serious jail time. On the other hand, the abused “citizen-child” has no such means of escape when they are compulsorily made to conform to the dictates of those governmental “parents” holding the reins of...

FEE - 2017-07-17 - Original post - cached version

Here is the reality of America’s infrastructure: It is not crumbling, massive spending won’t create any permanent jobs, and productivity is not suffering because of our infrastructure. These are economic myths that lobbyists, contractors, and engineers perpetuate to get fat contracts.

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