Crisis in Bolivia? - FEE
Bolivia’s economy is on the brink of collapse. The country is experiencing its highest inflation in 38 years: in June alone, prices rose by 5.2%, which is not| Foundation for Economic Education
Catalan secessionists are extracting so many concessions from the Spanish government that soon there will be no need to strive for independence. Their latest victory came last month—a tentative agreement from Spain’s Socialist-led government to allow the wealthy northeastern region, also controlled by a Socialist administration, to collect its own personal income tax. Fiscal autonomy …| Articles from FEE
After years of Nazi occupation in World War II, followed by life under Stalin and subsequent Soviet leaders, the Polish people had suffered enough. By the 1980s, the resistance movement had swelled to a climax. History celebrates the Solidarity Movement, strikes, and international negotiations—and rightly so. But the Orange Alternative also deserves attention—unless it appears …| Articles from FEE
President Donald Trump’s executive order of July 31st, effective August 7th, has upended global trade dynamics in a single stroke. Slapping a 40% tariff on all “transshipped goods”—products rerouted through third countries to dodge US duties—this is merely the natural development of his evolving protectionist agenda. Just a week after the order, the move is …| Articles from FEE
The following is an adapted excerpt from FEE Senior Fellow Kerry McDonald’s new book, Joyful Learning: How to Find Freedom, Happiness, and Success Beyond Conventional Schooling, which is available now wherever books are sold. It is reprinted here with permission from the publisher. When we hear the word entrepreneur, many of us think of Silicon …| Articles from FEE
Tim Friede let venomous snakes bite him roughly 200 times, suffering anaphylactic shocks, and spending four days hospitalized in a coma. But this wasn’t a suicide attempt. He was seeking immunity to all snake venom, so that his blood could be used to create a universal antitoxin. The Centivax startup reports promising results from an …| Articles from FEE
FEE has published several articles over the years on the dangers of occupational licensing regulations. In short, occupational licensure imposes additional legal requirements on someone entering a particular profession. These exist in industries ranging from medicine to hair-braiding (yes, really). Often, defenders of such regulations point to their role in ensuring safety in fields such …| Articles from FEE
Rachel Reeves, Britain’s Chancellor of the Exchequer, stands at the precipice of a fiscal catastrophe, with a £50 billion shortfall in public finances threatening to upend her economic strategy. The National Institute of Economic and Social Research (NIESR), a think tank co-founded by John Maynard Keynes, has issued a damning indictment of the Government’s economic …| Articles from FEE
Bolivia’s economy is on the brink of collapse. The country is experiencing its highest inflation in 38 years: in June alone, prices rose by 5.2%, which is not| Foundation for Economic Education
What is needed to stop the trend towards socialism and despotism is common sense and moral courage.| Foundation for Economic Education
In the 2020 election, an interesting candidate made his way onto the scene for the Democratic Party’s presidential nomination: Andrew Yang. Yang made a splash| Foundation for Economic Education
In the world of economics, everybody from academic theorists to Wall Street strategists holds strong, often differing views on a wide variety of topics ranging from tariffs to taxes to the debt ceiling. Simply tune into both CNN Money and Fox Business on the same day, and you will get a glimpse of the field’s …| Articles from FEE
As a business professor, I strive to teach sound principles and practices, focusing on the benefits of productivity and value creation. I want my students pursuing business careers to be proud of their chosen profession. While business ethics is a topic worthy of classroom coverage and discussion, I do not view my role as one …| Articles from FEE
It’s a poorly-kept secret that Britain’s National Health Service (NHS) has faced crisis after crisis. But the latest scandal over 3 million “unseen patients” may be its worst yet. In fact, this omnicrisis is worsened by the fact that barely anyone is speaking about it. Throughout the 2000s, headlines warned of an overwhelmed and underfunded …| Articles from FEE
The federal government has been funding select media organizations for decades. It’s time to give this responsibility back to the free market.| Foundation for Economic Education
Few structures have proven to be as resistant to change as bureaucracy. Built on printed forms, single windows, and linear processes, bureaucracy has long been synonymous with rigidity and inefficiency. But that is beginning to change. Artificial intelligence has emerged as a viable solution to administrative bottlenecks, both in the public and private sectors. Automating …| Articles from FEE
Last October, I reported on a study that gave participants $1,000 a month and measured the impacts of the transfer. The results were disappointing to advocates of universal basic income (UBI). To summarize, the study found that people worked less, and, according to the researchers: [Participants] used the time they gained from working less to …| Articles from FEE
Walk into a government clinic in Lagos on a Monday morning, and you’ll see the real price of “free” healthcare. Even early in the day, the benches are already full. Mothers clutch sick children, elderly men sit on the floor, and everyone waits, sometimes for hours, just to be seen. When a nurse finally calls …| Articles from FEE
Imagine if Steve Jobs or Jeff Bezos had been required to obtain fifteen permits, pay multiple unrelated fees, and navigate unreliable public services before launching their businesses. The world might have missed out on Apple and Amazon. For too many aspiring entrepreneurs in Mexico, this is what they face. A few years ago, I visited …| Articles from FEE
In the past days, the world has been shaken—literally—by several natural disasters: the devastating floods in Texas in June 2025, which displaced thousands;| Foundation for Economic Education
The best-known female aviator (“aviatrix” in the parlance of bygone years) is undoubtedly Amelia Earhart. A record-setting pilot and the first woman to fly solo across the Atlantic, she is assumed to have died in 1937 in the Pacific while attempting to circumnavigate the globe. But before Amelia Earhart, there was Neta Snook, who taught …| Articles from FEE
In a world where global power is measured by military strength, technological innovation, or cultural influence, it is striking that the European Union,| Foundation for Economic Education
As of Sunday, July 27, the United States and the European Union have signed a new trade agreement, imposing a 15% tariff on most EU goods entering the US,| Foundation for Economic Education
After 47 years of Superman movies, James Gunn’s 2025 film offers a poignant take on the values Superman has always embodied: truth, justice, and the American Way. Through his origin story as an alien adopted and raised in Kansas, Superman symbolizes the hope and idealism that define the American Dream: that through hard work and …| Articles from FEE
The impacts of a two-year-old law are finally being felt in Britain—and, as the United States looks to pass its own Kids Online Safety Act (KOSA), it should| Foundation for Economic Education
I spend my summers in North Vancouver, British Columbia, Canada. Due to limited water availability, the municipality limits lawn watering to once per week| Foundation for Economic Education
The last holdouts of Covid-era student loan programs will have their interest reinstated in August 2025.| Foundation for Economic Education
A welcome and significant change has come to European politics: an admission that the European Union (EU) has relied too heavily on the US for its military| Foundation for Economic Education
Throughout the summer, Immigration and Customs Enforcement (ICE) agents conducted raids targeting illegal immigrants and cartel members. Tensions culminated in violent riots in Los Angeles, where activists clashed with ICE agents and other federal officials over deportation efforts in the Los Angeles County area. However, one key issue has been overlooked in this debate: the …| Articles from FEE
Long before the messaging app Telegram became the go-to newswire for warzones and opposition movements in the Middle East, it played a pivotal and paradoxical role in some of the region’s most defining uprisings. From the Arab Spring to the Mahsa Amini protests in Iran, Telegram has functioned as a dual-edged tool: an encrypted refuge …| Articles from FEE
In India, government jobs pay far more than equivalent jobs in the private sector—so much so that the entire labor market and educational system have become grossly distorted by rent-seeking to obtain these jobs. Teachers in the public sector, for example, are paid at least five times more than in the private sector. It’s not …| Articles from FEE
“Sacrifice a gringo,” “Mexico for the Mexicans,” “Gentrification = Colonization,” “Gringo Go Home”—these were some of the slogans used in a recent demonstration against gentrification in Mexico City. What began as a peaceful protest escalated when demonstrators smashed windows and doors of stores and cafés in Roma and Condesa, trendy neighborhoods among foreigners. One video …| Articles from FEE
When I travel to a new city, I make sure to try out its public transit system, especially the metro. Out of the ones I’ve experienced, the DC metro is my favorite: straightforward, clean, and aesthetically minimalist. It offers a sense of order that can be elusive for the average commuter. Anyone who has been …| Articles from FEE
Denmark’s government has announced plans to expand copyright law in “a pioneering measure that would allow people to demand that social media platforms take down digital forgeries” as part of an amendment to the existing Danish Copyright Act. The proposed change does not come under its own legislation, so it does not have a specific …| Articles from FEE
Teaching libertarian principles at universities is often considered heterodox by those who shape mainstream academic discourse. Of course, many important ideas from the Austrian school of economics have been incorporated into curricula, among them the subjective theory of value, boom and bust cycles, and diminishing marginal utility. But liberty-oriented economic ideas, those that promote economic …| Articles from FEE
In late 2021, Spain’s Socialist prime minister, Pedro Sánchez, unveiled the following year’s budget with great fanfare. The largest in Spanish history, it totaled almost €200 billion, €27 billion of which came from a new European financing scheme called NextGenerationEU (NGEU). Supposedly designed to help member states recover from the ruinous effects of lockdown, the …| Articles from FEE
Britain’s current government has hardly hidden its internationalist credentials. One of the first—and disastrously unpopular—decisions the Labour Party made upon entering office was to hand control of the Chagos Islands to Mauritius. Implementing the recommendations made by the International Court of Justice (ICJ), the government formalized a deal that gives control of the islands, which …| Articles from FEE
Earlier this year, left-wing Mexican President Claudia Sheinbaum hosted a rally in downtown Mexico City to celebrate Donald Trump’s one-month delay in imposing 25% tariffs on her country. To Latin American observers, this was baffling and not just because the victory was meager, but because since when does the left embrace free trade? Yet Sheinbaum’s …| Articles from FEE
It’s been a year since Sir Keir Starmer became our Prime Minister, and he is already earning a reputation as someone consistently inconsistent. “Mr. U-Turn,” as he’s being called, famously gave a speech in May over reforms to Britain’s immigration policies. Dubbed the “Island of Strangers” speech, it was well-received by the public, despite criticism …| Articles from FEE
For the first time in years, we are witnessing multiple flashpoints, where the world would have looked to international organizations like the United Nations for clarity. However, what we see now are authoritarian leaders, testing the system’s limits. How far can they push? What consequences, if any, will they actually face? It starts with politically …| Articles from FEE
When millions of Americans lost their homes in the 2008 financial crash, not a single top Wall Street executive went to jail. When the World Health Organization and national governments gave conflicting advice during the COVID-19 pandemic, many people stopped listening altogether. And when mainstream news outlets increasingly framed events along partisan lines, viewers turned …| Articles from FEE
Though P.J. O’Rourke passed away three years ago, his sharp wit and defense of freedom continue to resonate in a world still tempted by interventionist solutions. Reclaiming his work is more vital now than ever. What he told us through laughs and jabs in recent decades has proven to be one of the sharpest diagnoses …| Articles from FEE
Zohran Mamdani has moved forward in the New York City mayoral race as the Democratic nominee, after beating out former New York Democrat Governor Andrew Cuomo in the primary. With Mamdani’s rapid rise to popularity among NYC’s more well-to-do circles comes a slew of promises, all pointed at introducing a new agenda to the Big …| Articles from FEE
Europe’s free university model is often seen as a triumph of modern society. With no crushing tuition bills, minimal student debt, and a promise of equal access, it sounds ideal. In countries like Germany and France, students pay only a small administrative fee, typically between $200 and $500 a year, compared to the staggering tuition …| Articles from FEE
As a mother of nine in Tennessee, Sarah Fagerburg tried a variety of different schooling types, from public schools to homeschooling, but she always felt there had to be something better. In the spring of 2023, she discovered Acton Academy from listening to a podcast, and knew that this was the educational model she had …| Articles from FEE
On June 1, 2025, Mexicans were called to vote for judges, magistrates, and Supreme Court justices. It was the first major implementation of a sweeping judicial reform passed in the twilight of former President Andrés Manuel López Obrador’s administration. The change was framed as a democratization of justice, but it was a masterclass in judicial …| Articles from FEE
Let’s start with the basics. In Australia, superannuation, or super, is not the pension. It is not some generous government handout that allows you to stop working at 60, drink wine before midday, and collect a lovely weekly cheque just for surviving this long. No, that fantasy is reserved for the Age Pension, which is …| Articles from FEE
Ever since Britain voted to leave the EU in 2016 in a referendum dubbed “Brexit,” Gibraltar has been in limbo. A British Overseas Territory on the southern tip of the Iberian Peninsula, the Rock (as it’s commonly known, after its most salient geographical feature) presented formidable problems. One major challenge was finding a solution that …| Articles from FEE
When Donald Trump vowed to tackle excessive federal spending, few expected Elon Musk, the world’s most prominent entrepreneur, to lead the charge. Yet, in a move that reflected Trump’s unconventional style, Musk was appointed head of the newly created Department of Government Efficiency (DOGE), tasked with dismantling the bloated federal bureaucracy. DOGE launched ambitiously, aiming …| Articles from FEE
The news just arrived this week that the website of Adidas had been hacked. Consumer information may have been stolen from the sportswear giant.| Foundation for Economic Education
Founded in 1946, FEE is the original home of free-market economic thinking in America.| Foundation for Economic Education
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When the disciplines of economics and sociology were being invented in Britain 250 years ago, their progenitors such as Adam Smith, David Hume, Adam Ferguson,| Foundation for Economic Education
Andrew Yang and Bill de Blasio are very concerned about robots taking people's jobs. Machines will replace humans. Artificial intelligence will outpace people. But is there any validity to it? Not really.| Foundation for Economic Education
Henry Hazlitt, by his own estimate, wrote ten million words throughout his career—published in major newspapers, magazines, and books. His writings spread| Foundation for Economic Education
Governments across the world insist on telling adults how they must behave. The liberty to make your own lifestyle choices is continuously eroding, with new| Foundation for Economic Education
I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Writing is both my vocation and my avocation; that’s all I do. You may wonder why I should write a genealogy. Well, to begin with, my story is interesting. And, next, I am a mystery —more so than a tree or a sunset or even a flash of lightning. But, sadly, I am taken for granted by those who use me, as if I were a mere incident and without background. This supercilious attitud...| Foundation for Economic Education
