FEE Daily
Foundation for Economic Education
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This Cartoon Shows How the Minimum Wage Works

by Mark J. Perry

At $15 an hour, many unskilled workers simply won’t be able to effectively compete against skilled workers and against automation, and we’ve therefore handicapped America’s most vulnerable workers by taking away from them the most effective strategy they have—the ability to offer to work for a competitive wage that is consistent with their lack of skills.

IF THE MINIMUM WAGE IS INCREASED FROM $7.25 OR $10 TO $15 AN HOUR, IT WILL GIVE SKILLED WORKERS AN ADVANTAGE OVER UNSKILLED WORKERS.
 
The American Engineer Who Created the First Modern Air Conditioner

by Alexander C.R. Hammond

Since its creation, air conditioning has saved and improved millions of lives. If you're enjoying respite from the summer heat today, you might pause to thank a forgotten engineer born in Angola, New York.

AIR-CONDITIONING PROVIDES US RESPITE FROM THE SUMMER HEAT AND INCREASED WORK PRODUCTIVITY WHEN INSTALLED IN FACTORIES AND OFFICES AROUND THE WORLD.
 
Helping the Needy: What’s the Christian Thing to Do?

by Lawrence W. Reed

Almost everybody wants to help those who truly and deservedly need help. How we do it is replete with massive implications. At the very least in this ongoing debate, let’s not make the mistake of arguing that to use force, plunder, and dependency is somehow “the Christian thing to do.”

WOULD JESUS, HIS APOSTLES, OR ANYONE OF AUTHORITY IN THE EARLY CHURCH APPROVE OF SOCIALISM?
 
Fix Patents, Not Prices, to Solve America’s Prescription Problem

by Marcus Maldonado

A lack of actual competition and government protection of its most guilty parties has led the pharmaceutical market in the United States to be over-patented and over-priced.

CAPPING THE PRICE OF DRUGS WITHOUT FIXING THE ROOT PROBLEM WILL ONLY LEAD TO FEWER AMERICANS HAVING ACCESS TO THE LIFESAVING DRUGS THEY NEED.
 
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Harding 2019 | The Hidden Imagination of the Entrepreneur

Foundation for Economic Education is proud to present a series of lectures from the “Annual National Leadership Forum” seminar that happens every year in June in Searcy, Arkansas.

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.

Enjoy this talk by Brian Brenberg: "The Hidden Imagination of the Entrepreneur."

LISTEN TO MORE EPISODES HERE!
 
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