All Commentary
Monday, March 7, 2016

Today Is FEE’s 70th Birthday!

Seven Decades Promoting Free Markets and Free Society


On this day in 1946, the Foundation for Economic Education (FEE) was founded by these seven men at 230 Park Avenue, Room 3012, in New York City.

Leonard E. Read (center); Henry Hazlitt (center right); Donaldson Brown (center left); David Goodrich (top left); Fred R. Fairchild (top right); Leo Wolman (bottom left); Claude E. Robinson (bottom right).

Over the years, FEE has published books and hosted lectures by some of the finest minds of the modern age, including Ludwig von Mises, F.A. Hayek, Henry Hazlitt, Milton Friedman, James Buchanan, Vernon Smith, Israel Kirzner, Walter Williams, George Stigler, Frank Chodorov, John Chamberlain, F.A. “Baldy” Harper, and William F. Buckley, Jr., among many others.

Seventy years later, FEE is not only the oldest free market group in the United States; it is stronger than ever, upholding the legacy of its founders and carrying forward its mission to connect young adults with the economic, ethical, and legal principles of a free society.

You can read about the founding and early history of FEE in this wonderful collection of remarks by former New York Times editorial board member and founding FEE trustee Henry Hazlitt.

You can also learn more about Leonard Read and what he meant to FEE and the free market movement in this recent article by Roger Ream, chairman of FEE’s board of trustees, and Bettina Bien Greaves, longtime former FEE staffer and trustee.


  • The Foundation for Economic Education, founded 1946, works for a free and prosperous world.