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Lawrence W. Reed

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trade.jpg

Why Trade Restrictions Always Backfire →

January 22, 2017

Trade is a two-way street. Closing the door to imports closes the door to exports.

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Timeless Advice from Rudyard Kipling →

December 11, 2016

His politics were both good and not, but his personal advice is fantastic.

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Comment
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What Human Action Means to Me and to FEE →

September 13, 2016

If only the world appreciated how he brilliantly and thoroughly demolished socialism nearly a century ago, millions of early deaths and untold misery could have been avoided in the decades since. Fifty Nobels would be insufficient to appropriately honor the man, but the world we know is hardly fair.

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Comment

Lenroot for VP? →

July 24, 2016

The best person might not be the pick of the nominee. It wasn’t in 1920.

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The True Meaning of Patriotism →

July 1, 2016

Freedom—understanding it, living it, teaching it, and supporting those who are educating others about its principles. That, my fellow Americans, is what patriotism should mean to each of us today.

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Comment
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The Case Against Protectionism →

July 1, 2016

An oldie from 1980 but its principles still apply today.

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Comment

The Mania for Regulating People →

June 17, 2016

Justice George Sutherland on Private Rights and Government.

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Class Warfare and the Hero of Hickory Farms →

April 22, 2016

I’m reminded of the words of Tacitus some 2,000 years ago: “When men of talents are punished, authority is strengthened.”

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Comment
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Three Great New York Democrats →

April 19, 2016

The Forgotten History of Classical Liberalism in the Empire State.

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Why Liberty is so Important →

December 14, 2015

Liberty is precious, rare, never guaranteed, and always threatened. It can be lost in a single generation if it’s not advanced and defended.

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Comment
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The Speech Francis SHOULD Have Given →

September 24, 2015

This guy badly needs some basic Economics.

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The Slow-Motion Financial Suicide of the Roman Empire (w/ Marc Hyden) →

August 17, 2015

Rome fell to invaders in 476 AD, but who the real barbarians were is an open question. The Roman people who supported the welfare state and the politicians who administered it so weakened society that the Western Roman Empire fell like a ripe plum that year. Maybe the real barbarians were those Romans who had effectively committed a slow-motion financial suicide.

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Comment
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The Man Who Sowed the Seeds of Puerto Rico's Collapse →

July 31, 2015

Planning, welfare statism, and the curse of the awful New Dealer Rexford Guy Tugwell.

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Comment
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The Inevitable Chinese Stock Market Crash →

July 9, 2015

If China’s leaders pile more “expert” central planning on top of their already mile-high pile, a busted stock market will be one of the least of their long-term worries.

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Frédéric Bastiat Deserves a Posthumous Nobel →

June 30, 2015

The world in the 21st century is beset with economic fallacies that are, for the most part, modern versions of those that Bastiat demolished 16 decades ago. 

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Comment
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A Shrine to a Jackass →

June 8, 2015

If you produced the same results while advocating capitalism, you’d be reckoned a monster.

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Comment
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Marking the Centennial of the Birth of John James Cowperthwaite →

April 17, 2015

In an important sense, free economies don’t have “architects.” However, the “planned chaos” of socialist economies has lots of architects. Some are well-meaning busybodies eager to knead other human beings like dough on a social kneading board. Others are presumptuous con artists who savor the power their plans require. John James Cowperthwaite knew the folly of central planning.

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Capitalism at the Corner of Karl Marx and Ho Chi Minh →

April 15, 2015

Entrepreneurship survives on streets named for Communists — from the Mackinac Center’s Michael Van Beek.

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Do Progressives Have Good Intentions? Is That All That Matters? →

April 10, 2015

Good intentions are not enough. Nowhere near enough, in fact. Other things matter too, such as reason, logic, moral principles, evidence, outcomes, history and experience, reality and facts.

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Comment
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Myth: Profit is Evidence of Suspicious Behavior →

February 13, 2015

Profit is responsible for more good things—by a long shot—than all the charity in the world.

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Recent “Best of Web”

Featured
Government Shutdown Exposed the Biggest Lie in Education
Oct 31, 2025
Government Shutdown Exposed the Biggest Lie in Education
Oct 31, 2025

“For decades, teachers unions and the liberal allies they bankroll in D.C. have told the American people that without the federal bureaucracy, education would crumble,” writes Ryan Walters.

Oct 31, 2025
Millions Gather to Express Total Ignorance
Oct 18, 2025
Millions Gather to Express Total Ignorance
Oct 18, 2025

“We're going to join our voices together and let the message ring loud and clear that we are uneducated rubes in desperate need of a middle-school social studies class,” said one man. Problem is, they DID have middle-school social studies, at great expense to the taxpayer, and still turned out to be rubes. Maybe there’s a connection??

Oct 18, 2025
Argentina's Economy Didn't Collapse; It Roared Back to Life
Sep 25, 2025
Argentina's Economy Didn't Collapse; It Roared Back to Life
Sep 25, 2025

Writes Dionysis Partsinevelos, “Experts warned that electing a chainsaw-wielding libertarian outsider as president would push the country over the edge. Instead, the unthinkable happened: Argentina’s economy started working again.”

Sep 25, 2025

Recent Quotes

Featured
Murphy on America
Feb 11, 2025
Murphy on America
Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025
Mill on Freedom
Feb 1, 2025
Mill on Freedom
Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

Featured
Dusting Off an Old but Important Story
Nov 13, 2025
Dusting Off an Old but Important Story
Nov 13, 2025

France was on the verge of national bankruptcy when the Revolution began in 1789. A rising chorus of panicked legislators called for printing paper money as a solution, but many people still remembered the ruin their ancestors suffered only 70 years before.

Nov 13, 2025
I (Identify As), Pencil
Nov 11, 2025
I (Identify As), Pencil
Nov 11, 2025

I was born a lawnmower but now I am a pencil. You can’t erase me, but I can erase you. Literally. So don’t offend me.

Nov 11, 2025
From "I, Pencil" to "I, Smartphone"
Nov 6, 2025
From "I, Pencil" to "I, Smartphone"
Nov 6, 2025

The late Milton Friedman figures into this October 2025 video interview of me by Libertarianism.org. Topic: From “I, Pencil” to “I, Smartphone.”

Nov 6, 2025