Foundation for Economic Education

Robert Reich’s 10 Economic Myths Debunked series has taken us on quite a journey. Throughout the series, we’ve seen how Reich needs to misrepresent our ideas—or ignore them entirely—to make his points. Will Myth #10 be any different? ✍ By Patrick Carroll: https://lnkd.in/eewvURev

🚨 When the government spends, it diverts goods and services away from private individuals and businesses. Whether the government funds this spending through direct taxation, borrowing, or inflation, the economic burden remains the same: resources that could have been used productively in the market are instead directed by politicians and bureaucrats, often inefficiently.

It’s been reported that Elon Musk’s Department of Government Efficiency (DOGE) is looking at changing money forever. Musk’s plan? Kill the penny. 👉 Read the article: https://lnkd.in/eXctg67p

Our latest addition to the FEE ebook library is the monumental work by economist George Reisman: Capitalism: A Treatise on Economics. 👉 Read the excerpt: https://lnkd.in/eFWNuRy3

We’re getting to the point of the year where most people start to abandon their New Year’s resolutions. According to research by Dr. Michelle Rozen, 94% of people fail their resolutions within two months. However, this doesn’t mean resolutions are a bad thing. 👉 By Peter Jacobsen: https://lnkd.in/e64c98xv

🇨🇦 Earlier this month, Canadian Prime Minister Justin Trudeau began a US-Canada economic summit designed to improve his country’s economic climate. Canada’s political landscape is shifting. After nearly a decade in office, Trudeau has announced his resignation, with the Party leadership election scheduled for March 9. Trudeau’s legacy will be marred by soaring taxes and a Canadian economy that many now describe as being on “life support.” The country’s healthcare provision is the weakest part of its economy. ✍ By Nikolai Wenzel: https://lnkd.in/gdMhC3bj

Many debates on trade policy overlook fundamental economic principles. Economist Douglas A. Irwin outlined three key insights: tariffs function as a tax on both imports and exports, businesses are also consumers affected by trade restrictions, and trade imbalances reflect investment flows rather than economic defeat.

It's so exciting to be working with the newest cohort of Cole Summers Fellows at the Foundation for Economic Education! These teens all learn outside of a conventional classroom and are eager to enhance their writing, speaking, and leadership skills in the coming weeks. Check out Nasiyah Isra-Ul's latest article introducing these amazing young people: https://lnkd.in/eaeVWFFM

Our President Emeritus, Lawrence Reed delivered the Inaugural Lesson at Universidad Francisco Marroquín on “Liberty and Character.”

In his 1970 book, "Blackthink: My Life as Black Man and White Man," Jesse Owens showed he was more than an Olympic champion. He was an individualist. https://lnkd.in/dbrcCB7s