Adam Smith is widely considered the father of economics, but long before he authored The Wealth of Nations (1776) he first published The Theory of Moral Sentiments (1759). Smith was a professor of Moral Philosophy, and many of the worlds first economists came from similar backgrounds. Ever since, the case for a free society has rested on the twin pillars of economics and philosophy. FEE invites you to explore the wider ideas of philosophy and their many intersections with economics. 

"Excuse Me, Professor": Larry Reed on the Tom Woods Show

Lawrence Reed talks with Tom Woods about FEE's new book: Excuse Me, Professor: Challenging the Myths of Progressivism.

- August 12, 2015

The Essence of the Road to Serfdom (in Cartoons!)

In 1944, F.A. Hayek’s Road to Serfdom rocked the English-speaking world. The book argued that there can be no political or civil liberty without economic liberty. Every step away from economic liberty takes us closer to authoritarian control over the whole of society. With central control come corruption, servitude, and relative impoverishment.

- August 07, 2015

The Man Who Sowed the Seeds of Puerto Rico’s Collapse

Crisis leads to more government, which leads to more crisis. What was always bankrupt morally finally goes bankrupt economically.

- July 31, 2015

The Road to Serfdom: Condensed Edition

The more the state ‘plans’ the more difficult planning becomes for the individual.

- July 30, 2015

Politics Worsens Racial Divides; Markets Can Mend Them

When government intervenes, it creates conflict, unfairness, and harms people’s capacity to work toward a more peaceful and prosperous world.

- July 28, 2015

Authoritarians Like Twitter, Too

The net effects of social media on the possibility of democratic revolution are at best ambiguous.

- July 21, 2015

What Is Fascism?

We will now see the elements of the fascist society emerge—point by point — as guided by John T. Flynn.

- July 15, 2015

Marriage, Director's Law, and the Middle Class Welfare State

Who could be against helping the middle class? Nobody. And that’s how we end up with a marriage policy that punishes the working poor.

- July 09, 2015

Capitalist Theory Is Better Than Socialist Reality

Are advocates of the free market playing a hypocritical game in the debate with anti-capitalists, or do we have economic theory on our side?

- July 09, 2015

What Greek "Austerity"?

Athens's welfare state is broke, but it's still bloated beyond belief. 

- July 08, 2015

Don’t Put Eleanor Roosevelt on the $10 Bill

If we put Eleanor's mugshot on any bill, it should be an invoice — for the costs of her complicity in prolonging the Great Depression and her attempts to use the FBI to silence critics. 

- July 06, 2015

The Libertarians Are Gaining Mindshare: Attack!

Young libertarians are weaving the latticework of human interaction for the next generation. 

- July 02, 2015

America Isn't Getting More Liberal — It's Getting More Libertarian.

America isn’t getting more liberal or more conservative — it’s getting more libertarian.

Gays Need the Freedom to Discriminate

Anti-discrimination laws will provide more choices at the expense of more informed choices. 

- July 01, 2015

SCOTUS Says You Can Be Held Liable for Unintentional Discrimination

Cities and landlords can now be sued no matter what they do (or even try to do).

- June 26, 2015

Neoliberalism: Making a Boogeyman Out of a Buzzword

Progressives are trying to pin corporatism on free-marketeers, but it's the mixed economy that ends up in the hands of the powerful.

- June 26, 2015

Blurred Lines: The Humanitarian Threat to Free Speech

Blurring physical safety with ideological comfort is one of the greatest threats to our open society.

- June 25, 2015

College Is Not a Theater

Does Harvard think too many Asians will ruin the atmosphere of higher education? 

- June 11, 2015

Socialism Is War and War Is Socialism

In the conventional politics of left and right, the combined love of peace and free trade seems puzzling, but both are about spontaneous order. 

- June 09, 2015

What Bastiat Had to Say about Police Abuse

The state is using its monopoly on power to exploit the population, doing to society what members of society cannot do to one another. 

- June 07, 2015

FEE and the Clemson Institute for the Study of Capitalism Kick Off Seminar Season

Dozens of students from around the world learned why capitalism is the optimal system for individual and social flourishing.

- June 04, 2015

Health Insurance Is Illegal

If you tried to offer a real health insurance policy, they might throw you in jail.

- May 26, 2015

Britain Back from the Brink of Socialism

All told, the British election was moderately good news for liberty, not the calamity it might have been.

- May 12, 2015

The Sweet, Sweet Privilege of the Canadian Syrup Federation

Canada's Syrup Federation stations guards in private sugar shacks to ensure that people don’t sell their own syrup.

- April 30, 2015

#49 – “People Love the Robin Hood Story Because He Took from the Rich to Give to the Poor”

Generations have grown up with a heroic ideal of robbing from the rich and giving to the poor. Only those who are particularly wary of an apparently “progressive” message in the legend take exception.

- March 20, 2015

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