FEE Daily
Foundation for Economic Education
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On Labor Day, Think Twice about Thanking Unions

by Matthew Lau

The main economic lesson on Labor Day is that less government, not more, is what enriches workers. Government policies that make unions more powerful or increase the regulation of employment make workers less attractive to businesses and do workers no favors.

THE REAL EXPLANATION FOR THE RISING INCOMES OF WORKERS OVER THE PAST DECADES HAS LITTLE TO DO WITH EITHER UNIONS OR GOVERNMENT REGULATIONS.
 
Ho Chi Minh: 6 Things You Didn't Know about Him

by Tyler Curtis

Ho Chi Minh, leader of the communists during their fight for Vietnamese independence, is simultaneously one of the most important and enigmatic figures of the 20th century.

TO MARK THE 50TH ANNIVERSARY OF HIS DEATH, HERE ARE SIX THINGS YOU DIDN’T KNOW ABOUT HO CHI MINH.
 
The US Is Burying Young People and the Unborn Under a Mountain of Government Debt

by Jason O'Day

At some point in the future, perhaps within the next half-century, interest on the national debt will eat up the federal budget to the degree that paying off any substantial portion of the debt will be unfeasible. The trajectory of spending on Social Security and Medicare and the debt they incur pose a grave threat to the stability of the world in which our children and grandchildren will live.

ABSENT ANY SERIOUS ENTITLEMENT REFORM, THE LAWS OF ECONOMICS WILL EVENTUALLY CRUSH POLITICAL PROMISES TO SOCIAL SECURITY AND MEDICARE.
 
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Was the US Recovery from the Great Recession a Success?

by Witold Kwasnicki

The exit from this recession was not associated with the acceleration of economic growth after a depression.

DESPITE THE PASSAGE OF 10 YEARS SINCE THE END OF THE RECESSION, THE AMERICAN ECONOMY HAS NOT REACHED THE LEVELS OF THE PRE-2007 TREND.
 
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The Conversation about Workplace Diversity We Should Be Having

by Ilana Redstone

A workplace where employees at all levels are communicating more efficiently and more clearly is both happier and more productive.

HOW WE THINK ABOUT IDENTITY SHAPES HOW WE INTERPRET INTERACTIONS INCLUDING, OR PERHAPS ESPECIALLY, THOSE IN THE WORKPLACE, WHERE MANY OF US SPEND MUCH OF OUR WAKING TIME.
 
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VIDEO: Why Should My Boss Get All the Profits?

When a business makes a profit, who deserves the excess? Is it fair that the owner gets all the profits? Should the profits be shared equally among workers and owners alike?

WATCH THE VIDEO NOW
 

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