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Lawrence W. Reed

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The Man Who Bankrupted a Legislature

August 8, 2018

To curry favor with Nevada legislators, he offered them confidential and convincing financial advice.

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Caligula: Plumbing the Depths of Ancient Tyranny →

August 7, 2018

The history of Rome is a case study in just how much power can corrupt a person, and Caligula is likely the case in point.

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It's More Important to BE American than to BUY American →

August 6, 2018

It makes no more sense to inflict “Buy American” protectionism on yourself than it does to endorse it when it’s imposed on you by law.

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Happy Birthday Joseph Paxton, Much More Than a Gardener! →

August 3, 2018

A memorable British entrepreneur, architect and more.

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The Great Emancipation of 1834 →

August 1, 2018

“There is one thing stronger than all the armies in the world, and that is an idea whose time has come.”

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Feeling Grateful for Gratitude →

July 31, 2018

It may seem like such a little thing, but expressing gratitude is a bigger deal than most people realize.

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William Jennings Bryan Was Surprisingly Good On Trade →

July 30, 2018

Today, the distinctions between the two major political parties on trade and tariffs are not as stark as they were in Bryan’s day.

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Cal and the Big Cal-Amity →

July 25, 2018

Coolidge takes heat from progressives because any other stance ruins their narrative and undermines their agenda.

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The Ten Best Presidential Vetoes →

July 24, 2018

The veto counts among the storied contributions the ancient Roman Republic gave the world 25 centuries ago. Here are ten of the best examples of it.

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President Buchanan Wasn't All Bad →

July 19, 2018

On some vital economic matters, the man was not only right but also eloquent in making his point.

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The Wisdom of Eric Hoffer, Part II →

July 18, 2018

Eric Hoffer bequeathed future generations a wealth of sagacity and discernment. Almost entirely self-taught, he was the consummate home schooler, a keen observer who carved himself from the rock of commonality but never lost the common touch.

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The Wisdom of Eric Hoffer, Part I →

July 17, 2018

Hoffer was fascinated by the fanatic—the sort of person who often abandons reason for a cause—and he sought to explain where that mentality comes from. 

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Why Character Matters: A Podcast →

July 17, 2018

The following episode of "The Mandy Show" is a discussion between Lawrence W. Reed, the president of The Foundation for Economic Education, and the podcast's host, Mandy Connell. In this episode, they discuss courage, self-reliance, and liberty. 

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We're Still Crying for Argentina →

July 11, 2018

Strange, isn’t it, that the statist Left always claims to be for “the people” as it bestows enormous, concentrated political power on a very few. 

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The Real Questions You Should Ask Your Professors →

June 28, 2018

In my four decades of teaching and interacting with students on matters of economics and history, I’ve been routinely amazed by both how much they know and how little they know about the very same subjects.

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What the Governments of Mexico & Central America Should Do →

June 27, 2018

When any government makes it harder for its citizens to start a business, engage in trade, make plans for the future, control their own property, or settle a dispute fairly, it means economic suffering—needless, personal, material suffering.

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The Man Who Might Have Saved America from Woodrow Wilson →

June 26, 2018

Gus Hobart: It’s a shame that if he’s remembered today at all, it’s for checking out early instead of anything he stood for.

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Hats Off to John B. Stetson →

May 24, 2018

A sickly young man from New Jersey fundamentally changed the image of the American cowboy forever.

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Billy Graham--A Good and Faithful Servant →

April 11, 2018

Men as outstanding as Billy Graham are rare enough that we may not see another like him for a very long time.

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Don't Vote Like a Halloweener! →

October 31, 2017

Part of the allure of Halloween is getting something great for just showing up, and this carries over into voting habits.

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Recent Quotes

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Reed on Socialist Thinking
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Reed on Socialist Thinking
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Socialists think there’s no such thing as a bad poor person or a good rich person. Among socialists, it seems there’s no such thing as a thinking person — Lawrence W. Reed.

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Murphy on America
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Murphy on America
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“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.

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Mill on Freedom
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“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.”

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Roger Sherman was the only person to sign all of the Four Great State Papers of the United States.

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Chris Baker interviews me on the American and French Revolutions
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