About FEE

FEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society.

These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government.

“The Foundation for Economic Education is committed to nothing more nor less than the defense of our civilization against intellectual error.”

F.A. Hayek, Nobel laureate in Economics

March 7, 1946
Leonard E. Read, Henry Hazlitt, and associates establish the Foundation for Economic Education in Irvington, New York—becoming one of the first free-market organizations in the US and playing a pivotal role in saving the country from the post-New Deal, post-World War Two socialist consensus.
1946
Henry Hazlitt’s landmark Economics in One Lesson published.
Ayn Rand’s novella Anthem is published in the US for the first time by FEE founder Leonard E. Read’s “Pamphleteers, Inc.”
1947
FEE’s early work inspires the formation of the Mont Pelerin Society.
1949
Ludwig von Mises joins FEE and dictates his landmark masterpiece Human Action. FEE enables its publication by the Yale University Press.
1950
FEE is subpoenaed by pro-New Deal members of US Congress to defend its free-market principles and programs, being accused of “flooding the country with propaganda aimed at undermining the Marshall Plan, rent control, aid to education, and Social Security.”
1953
FEE begins hosting one-week economic seminars at the Irvington mansion, a precursor to today’s FEE in the Classroom programs.
1956
FEE takes over publishing The Freeman magazine, one of the earliest free-market publications detailing the ideas of liberty.
1958
Leonard E. Read publishes his classic and foundational essay “I, Pencil”.
1962
FEE republishes Frédéric Bastiat’s monumental book The Law, translated into English by Dean Russell.
1974
F.A. Hayek wins the Nobel Prize in economics.
1975
FEE becomes instrumental in the coming surge of free-market—particularly Austrian economics—programs at college campuses across the country.
1981
The Freeman magazine becomes a favorite reading of President Ronald Reagan.
1983
Following the death of Leonard E. Read, new FEE leadership rises to carry on his powerful legacy and mission.
1991
The Soviet Union officially collapses after nearly 70 years of brutal oppression.
1996
Margaret Thatcher praises FEE for 50 years of defending and advancing free enterprise and limited government through challenging times.
1997
FEE.org is officially launched.
2008
FEE begins an intensified focus on engaging, educating and equipping new, young audiences with the principles of free enterprise, individual liberty, and limited government.
2014
FEE completes its move from its ancestral headquarters in Irvington-on-Hudson, New York to its new home in Atlanta, Georgia.
2016
FEE.org monthly readership reaches 50,000 readers, exceeding the circulation of The Freeman magazine at its height in the 1980s.
2017
FEE launches the three-year Youth Education & Audience Research project (YEAR project) to more effectively engage young newcomers to the ideas of liberty with compelling, pro-liberty media.
2020
FEE reaches nearly 200 million online views of videos, articles, and webinars as the world dealt with the COVID-19 pandemic.
2021
FEE celebrates 75 years of advancing the ideas and principles of free enterprise, liberty, and limited government:
  • Ranked as a top think tank in the US for the 8th consecutive year.
  • Launched the three-year Groundswell Campaign to engage 4 million young people weekly through online and social media, FEE in the Classroom programs, educator resources, and timely articles.
  • FEE in the Classroom will engage, inspire, and equip over 20,000 students in their classrooms with the principles of free enterprise and liberty.
  • Launched The Henry Hazlitt Project for Educational Journalism to train and amplify the voices of up-and-coming liberty-minded writers and online influencers.
  • FEE.org now hosts over 2,200,000 readers per month.