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Lawrence W. Reed

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depression.jpg

Ninety Years Later: The 1929 Crash →

August 15, 2019

In August 1929, most stock investors thought they’d never had it so good. By November, they thought they’d never had it so bad. Amid today’s gyrating stock market and increasing talk of recession, let’s refresh ourselves on the momentous events of nine decades past.

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Heroines of British Abolitionism →

August 7, 2019

The liberation by Great Britain of an entire race from the scourge of slavery was an achievement of, by, and for not just men but also of both men and women. It should forever be celebrated as such.

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Helping the Poor: What's The Christian Thing To Do? →

July 30, 2019

Few things are riskier than a welfare state. It’s put more than a few countries out of business or off the map. But no nation ever died because of an overabundance of character.

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Who Was America's First Economist? →

July 21, 2019

Everybody knows who America’s first President was, but can you identify the country’s first economist?

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Reflections on My Life →

July 18, 2019

My good friend and FEE colleague TK Coleman interviews me at FEEcon 2019 about ideas and events important to me over the years.

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What a Friend Ralph Lazo Was! →

July 14, 2019

The story in Ralph Lazo’s belated obituary reminded me of a Biblical passage. In John 15:13, Jesus said, “Greater love has no one than this: to lay down one’s life for one’s friends.”

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The Meaning of the Golden Rule →

July 11, 2019

Socialism nullifies the Golden Rule. Socialists proclaim “solidarity with the people.” They say they only want to help others. The problem is how they seek to do it. If their plans were in the realm of friendly advice, helpful hints, and requests for voluntary participation, they wouldn’t be socialists. FORCE is their modus operandi.

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A New Prager University video: "Was Jesus a Socialist?" →

July 8, 2019

This five-minute video explains that Jesus never supported forcible redistribution of wealth, central planning of the economy, government welfare programs, or public ownership of the means of production.

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Wormhoudt's Words of Wisdom on Education →

July 7, 2019

What was once widely regarded as the responsibility of parents is now generally seen as the duty of government, and government is one of the last entities we should ever expect to be good at teaching us either liberty or character.

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This is TJ's Day →

July 4, 2019

He marshaled the English language on behalf of ideas, and they sparked liberty’s loudest thunderclap in human history.

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Lessons from a Five-Month Country →

July 3, 2019

The ancient Roman Republic endured for half a millennium before it collapsed into the imperial autocracy we know as the Roman Empire. But did you know there was another Roman Republic only 170 years ago?

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The Marxist Before Marx →

June 11, 2019

The truly sad part of the story is that Babeuf’s communist/socialist gibberish was born again with Karl Marx 50 years later. Will the world ever put behind it the rantings of these murderous ideologues?

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Heroine of the French Revolution →

June 6, 2019

She possessed more integrity and honor than any of the big-name male rabble-rousers of her day.

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Introducing Wat Tyler and his REALLY Mad Band of Followers →

May 30, 2019

As bad as the IRS is today, just imagine what things would be like if it hired MS-13 to be your auditor.

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Why Principles Matter →

May 24, 2019

I believe that being a principled person is so important that it’s one of the two or three things I would most want to be remembered for someday.

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Announcing the Launch of “FEE en Español” →

May 7, 2019

La libertad es el futuro. ¡Únete a la causa!

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My Final Week as FEE’s President →

April 30, 2019

Thanks to all of you who have helped in even the smallest way to make my time at FEE a great joy over the years. Never give up. Our cause is noble. It’s worth fighting for. And you may never find a more effective ally in winning the future for liberty than the Foundation for Economic Education.

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Privatization, Entrepreneurship, Educating for a Free Society: An Interview →

April 27, 2019

Subjects I discussed in this April 2019 interview for the Startup Societies Foundation include the medieval Republic of Ragusa, contract cities, and educating for freedom.

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Republicans You Never Heard Of →

April 20, 2019

Commemorating one of the long-forgotten corners of Europe whose liberties and independence Napoleon crushed, the Septinsular Republic.

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Egonomics in One Lesson →

April 16, 2019

After Adam Smith and the Enlightenment, the pseudo-science of Egonomics gave way to the genuine science of Economics. To apply Hayek again, this time with a little license, the curious task of Egonomics was to fool men into believing far more than they know about what they dreamed they could plan, whereas “it’s the curious task of Economics to demonstrate to men how little they really know about what they imagine they could design.”

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Recent “Best of Web”

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Obama Library Disenfrancises Millions of Blacks by Requiring Voter ID
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Civil rights activists in Chicago have warned that the photo ID requirement at the Obama Library could directly kill thousands of black people — Babylon Bee.

June 22, 2026
Gore's Scam
June 20, 2026
Gore's Scam
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Referring to the lies in his cartoonish fiction film, Gore says “It may not have been true in any way, but I sure enjoyed it. After all, I am now very, very rich" — Babylon Bee.

June 20, 2026
Democrats Demand Reparations from African American
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Democrats Demand Reparations from African American
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Prominent Democratic Party leaders in Washington, D.C., took to the airwaves this week, calling for immediate reparations to be paid to make amends for the repeated success of African American Elon Musk — Babylon Bee.

June 15, 2026

Recent Quotes

Featured
Murphy on America
February 11, 2025
Murphy on America
February 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.

February 11, 2025
Mill on Freedom
February 1, 2025
Mill on Freedom
February 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.”

February 1, 2025
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
March 20, 2023
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
March 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.

March 20, 2023

Recent Blogs

Featured
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July 1, 2026
Locke or Rousseau: America vs France
July 1, 2026

Rousseau was a collectivist who dreamed of homogenizing individuals in a communal blender, thereby sacrificing their uniqueness for the sake of the “common good.”

July 1, 2026
Why Were the American and French Revolutions So Different?
July 1, 2026
Why Were the American and French Revolutions So Different?
July 1, 2026

Both the American Revolution and the French Revolution promised “power to the people.” Only one delivered.

July 1, 2026
Real Heroes of the American Revolution: A Lecture at the Mackinac Center, 6/22/26
June 24, 2026
Real Heroes of the American Revolution: A Lecture at the Mackinac Center, 6/22/26
June 24, 2026

Nathan Hale, Haym Salomon, Mercy Warren, Casimir Pulaski, George Whitefield, James Otis, Esther Reed—these are among the great patriots I talk about in this June 22, 2026 lecture in Midland, Michigan.

June 24, 2026