FEE - Foundation for Economic Education

Where there is concentrated power, people will be looking to buy it.

“No man has a natural right to commit aggression on the equal rights of another, and this is all from which the laws ought to restrain him.”

– Thomas Jefferson

What exactly causes inflation and who does it affect the most? Find out here in this article from 1965: https://fee.org/articles/inflation

“Morality can only exist in a free society; it can exist to the extent freedom exists.”

– Henry Hazlitt

FEE's mission is to make the ideas of liberty familiar, credible, and compelling to the rising generation.

This Giving Season, join us as we illuminate a philosophy of hope and human flourishing. With your support, we can pass the torch to future advocates for liberty and prosperity.

Thank you for lighting the way for liberty.

Show your support here: https://bit.ly/3uxAbzj

U.S. Senator Bob Casey (D) recently released the “Special Report on Greedflation.” This publication attempts to explain high inflation by an appeal to corporate greed, and it further proposes policies on how to deal with greed…

“Whatever an education is, it should make you a unique individual, not a conformist; it should furnish you with an original spirit with which to tackle the big challenges. It should allow you to find values which will be your road map through life; it should make you spiritually rich, a person who loves whatever you are doing, wherever you are, whomever you are with; it should teach you what is important, how to live and how to die.”

— John Taylor Gatto

“If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good? Do not the legislators and their appointed agents also belong to the human race? Or do they believe that they themselves are made of a finer clay than the rest of mankind?”

― Frederic Bastiat, The Law

National debt as of yesterday morning.*

The first few years of Plymouth colony were fraught with hardship and hunger. Economics had a lot to do with it.

Learn more here 👇

As an Idea, America Began in 1620, Not 1776 | Lawrence W. Reed Forget 1619. America's true beginning was 1620.

The claim that a new federal law mandates that every new motor vehicle includes technology that could disable the vehicle might sound preposterous, but it's actually true. Here are the receipts 👇

Fauci 2021: We know that mandates work.

Fauci 2023: I believe we should give the choice to people...Make it available to everyone, but certainly recommend it to high-risk people.

Just in case you forgot 😉

“Voters in Argentina have elected a libertarian as president for the first time in their history.

In a country that suffers 143% annual inflation and a poverty rate hovering around 43%, Milei has a long and difficult road ahead.”

Mises gets it 😉

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“The principle that the majority have a right to rule the minority, practically resolves all government into a mere contest between two bodies of men, as to which of them shall be masters and which of them shall be slaves.”

– Lysander Spooner

It’s literally that simple.

Governmental central planning is always doomed to fail. Whether the people running the government are evil and incompetent or saintly and brilliant is irrelevant. The problem lies in central planning itself.

“Putting an end to the federal drug war would immediately pull the rug out from under the drug lords who have unleashed a reign of terror over our cities.”

— Ron Paul

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I am overwhelmed with love for Poland and Polish heroes of liberty. Thank you, Mr. President, for this great honor. Details at FEE.org and in the comments section below.

Delivered this morning in Warsaw.

Lawrence W. Reed: Statement to the President of Poland | Lawrence W. Reed “This is an award I shall proudly display as long as I live. I will use it to help tell the story of this nation’s brave people.”

BREAKING:

FEE's Jon Miltimore: "The contributions of people like Reagan, Elizabeth II, and Scruton were life-changing. Just ask the people of Poland."

3 Past Recipients of Poland’s Grand Cross of the Order of Merit | Jon Miltimore Two of them appear in this picture. 

I'm about to leave home for the Atlanta airport to fly to Warsaw, Poland for official ceremonies this Saturday--at which I will be presented by the President with the highest honor Poland bestows upon a foreigner, the Grand Cross of the Order of Merit of the Republic of Poland (details here: https://tinyurl.com/23yf5p38). Saturday's festivities begin with the award ceremony, followed by attending church with the President and his wife, then a changing of the guard, then an afternoon reception, then a dinner Saturday evening in my honor. I don't win stuff very often, so I'm still pinching myself over this one!

“When you buy your pencil or your daily bread, you don’t know whether the pencil was made or the wheat was grown by a white man or a black man, by a Chinese or an Indian. As a result, the price system enables people to cooperate peacefully in one phase of their life while each one goes about his own business in respect of everything else.”

– Milton Friedman

“True free trade does not require treaties or agreements between governments. On the contrary, true free trade occurs in the absence of government intervention in the free flow of goods across the borders.”

– Ron Paul

“Biden's executive order will result in less investment and development in AI. This technology, which has taken years to be developed into a commercializable product, is now being stamped down by the government. To think that this will ‘harness the benefits of AI’ as the Biden administration claims is a joke.”

Benjamin Seevers | Biden’s New AI Executive Order Will Harm Consumers

Biden’s New AI Executive Order Will Harm Consumers | Benjamin Seevers Much like how net neutrality affected investment in the internet, this executive order will lead to less investment in AI.

“Once people no longer needed permission to innovate, and once the value of new inventions was judged by the improvements they made to the lives of the masses in the form of profit and loss, the poor began to live lives of comfort and dignity.”

– Steven Horwitz

“Is it an unpleasant truth? Tell it anyway. People-pleasing and people-helping are often at odds.

Is it an unpopular opinion? Express it anyway, assuming it is your honest opinion and your urge to offer it comes from a good place.”

Unpopular Truths Need to Be Told | Dan Sanchez When people all around you have been whipped up by deceiving demagogues into woke manias, public health hysterias, planet panics, war fevers, and socialist scrambles for legal loot, it can be tempting to keep your head down, to dissimulate, and to “go along to get along." But to acquiesce to lies ...

“A man’s natural rights are his own against the whole world; and any infringement of them is equally a crime, whether committed by one man, or by millions; whether committed by one man, calling himself a robber or by millions, calling themselves a government.”

– Lysander Spooner

"If the bulk of the public were really convinced of the illegitimacy of the State, if it were convinced that the State is nothing more nor less than a bandit gang writ large, then the State would soon collapse to take on no more status or breadth of existence than another Mafia gang."

– Rothbard

Never ask a man his height. Never ask a woman her weight. Never ask a socialist the death count of socialist regimes.

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“Nothing is as permanent as a temporary government program.”

– Milton Friedman

“As a young girl growing up deprived in Soviet Russia, Rand fell in love with America through its movies. America’s individualist values and heroic achievements contrasted starkly with the collectivist values that dominated Russia and the bitter fruits of communism.”

What Ayn Rand Meant by “Americanism”:

What Ayn Rand Meant by “Americanism” | Dan Sanchez In 1946, a Russian immigrant to America tried to remind her fellow citizens what America was all about.

“No legal plunder: this is the principle of justice, peace, harmony and logic. Until the day of my death, I shall proclaim this principle with all the force of my lungs.”

– Frédéric Bastiat