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Foundation for Economic Education
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Why You Never Hear Anyone Say "That Wasn't Real Capitalism"

by Kristian Niemietz

Western intellectuals have long had a habit of lauding socialist experiments as long as they were in their prime, only to disown them later, claiming they were never “really” socialist to begin with.

SOCIALISTS ARE NOVELTY-SEEKERS. THEY HAVE TO BE BECAUSE SOCIALIST EXPERIMENTS NEVER AGE WELL.
 
No, Millions of Americans Are Not Living on Less Than $2 a Day

by Joe Carter

New research published by the National Bureau of Economic Research finds that more than 90 percent of the 3.6 million non-homeless that had previously been classified as living in extreme poverty were misclassified.

EXTREME POVERTY IN AMERICA STILL EXISTS, OF COURSE. BUT IT INCLUDES FAR FEWER PEOPLE THAN WAS PREVIOUSLY BELIEVED.
 
Stranger Things, Miller Lite, and the Power of Nostalgia in the Marketplace

by Brittany Hunter

Miller Lite goosed its market share by 20 percent by switching to a retro can. Disney is dedicating much of its resources to remaking 1980s and 1990s animated classics. Full House and The Twilight Zone are back. Where is this craving for the “good ole days” coming from?

THERE IS SOMETHING ABOUT NOSTALGIA THAT THE HUMAN PSYCHE CRAVES. 
 
Should (Can) Fake News Be Regulated?

by Sam Bocetta

How can we have a free, unfettered internet and a micromanaged nanny state at the same time? It should be left up to us to use our brains to fact check and become discerning in what we view and share. We also have to stop rewarding sensationalists, opportunists, and trouble makers with likes, views, and shares.

THERE'S AN OLD SAYING THAT YOU CAN'T LEGISLATE STUPIDITY. OVERREACHING POLICIES WON’T CHANGE THAT FACT AND WILL ONLY END UP STRIPPING FREEDOMS FROM EVERYONE.
 
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Northwood 2019 | Can Entrepreneurs Solve World Problems?

Foundation for Economic Education is proud to present a series of lectures from the “Think Like an Entrepreneur” seminar, which took place at Northwood University in Michigan in June 2019.

You'll have an incredible opportunity to dive deeper into why free enterprise and strong character offer the best opportunity to generate wealth for everyone. Explore the principles of virtuous leadership, find out how to utilize economic thinking to solve problems, and learn how to think critically and communicating confidently—skills that will lead to success at school, in college, and in your career.

Enjoy this talk by Dale Matchek "Can Entrepreneurs Solve World Problems?"

LISTEN TO MORE EPISODES HERE! 

 
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VIDEO: How Sears Used the Market to Undermine Racism

Last October, one of America's once most successful retailers filed for bankruptcy. While Sears wasn't able to adapt with the times, they are responsible for much of the way we shop now. One of Sears' lesser-known achievements was how their business model empowered the African-American shopper during Jim Crow.

FIND OUT HOW

 

In The Spotlight

Editor's picks from around the web



Political Polarization Is About Feelings, Not Facts
by Robert B. Talisse, Intellectual Takeout

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