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Lawrence W. Reed

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The Abuse of Money, Part 1 →

July 7, 2022

One of the enduring fallacies about money is that it must be a duty of the government to provide it (despite government’s sorry track record). We will never be free of destructive inflations or deflations until we toss that bit of flim-flam into the bonfire.

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Joseph Warren: The Forgotten Founding Father →

July 4, 2022

“Act worthy of yourselves,” advised this great American patriot.

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Ancient China's Philosophers Would Detest Mao and the CCP →

July 1, 2022

The founders of ancient but enduring Chinese philosophies would be horrified to know that a Chinese leader starved and slaughtered 65 million of his countrymen to impose a system cooked up by a degenerate German scribbler named Karl Marx.

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Evil is on the Loose →

June 27, 2022

Sometimes Evil is manifested in an act so horrible no one can excuse it, such as a school shooting. Then Evil goes to work to get people to ignore real causes and support fake solutions, like disarming the innocent.

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Libertarian Institute Interview, 6/17/22 →

June 18, 2022

In this June 17, 2022 interview by Keith Knight of the Libertarian Institute, we discussed a wide variety of topics from the Great Depression to the nature of profit to the virtues of entrepreneurship to the evils of the welfare state.

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Wisdom About Taxes From the 14th Century →

June 9, 2022

Muslim scholar Ibn Khaldun (1332-1406) understood economics and human incentives in a way many modern-day politicians do not.

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The Origins of Vandalism →

June 2, 2022

As eerie parallels between today’s societies and that of ancient Rome echo all around us, we’re overdue for a wake-up call.

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Thank You, Poland! →

June 2, 2022

To receive the highest honor Poland bestows upon a foreigner, I am humbled and grateful.

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Lessons Montana May Have Learned from Michigan →

May 31, 2022

I’ve always believed that the biggest dangers of government are mission creep and creeps on a mission. Even good governments are tempted to bend the rules, but we should all be glad when the rules are good and are there for a good reason.

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When Thoughts Turn to Gold →

May 29, 2022

So gold is barbarous but unbacked, inconvertible, irredeemable paper money cranked out by elitist officialdom is not?

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What Happens if the U.S. Dollar is Not the World's Reserve Currency? →

May 26, 2022

Money, inflation, hyperinflation and history. Patrick Vierra of Silver Bullion TV in Singapore interviews me on these and related topics, May 2022.

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We Can Do FAR Better Than Biden, Surely! →

May 26, 2022

How many Joe Bidens does it take to screw in a light bulb? Two. One to assure the public that everything possible is being done and the other to screw the bulb into the water faucet.

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How the U.S. Ended Civil War Inflation →

May 21, 2022

A return to sound money is impossible without a simultaneous return to sound budget management.

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Hayek on Serfdom →

May 19, 2022

If only we make sure the right people are in charge, said the socialist intellectuals, the iron fist will wither away. That's not just wishful thinking; it's lunacy. Hayek explains.

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Impeach Merrick Garland →

May 12, 2022

When the country’s chief law enforcement officer is egregiously derelict, to the point of condoning illegal threats against justices, it’s time for him to go.

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Hyperinflation in China →

May 11, 2022

The greatest hyperinflation in all Chinese history occurred less than a century ago. It played a huge role in the collapse of the Nationalist government of Chiang Kai-shek and the ascendancy to power of Mao Zedong and the Chinese Communist Party in 1949.

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America's Amazing World War II Production →

May 10, 2022

If instead of buying the stuff from competitive private enterprises, we had purchased planes and tanks from government factories, we would have paid twice the price for half the quality.

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Two Heroes of Conscience Who Changed the World →

May 5, 2022

No setback ever deterred the iron wills of these two great men.

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The Japanese Tocqueville--Part 3 →

May 3, 2022

Coming from a country where the State historically monopolized education, Mori saw America’s much freer institutions as a model of accomplishment.

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Hyperinflation in America? Been There, Done That →

April 29, 2022

If someone tells you that hyperinflation can’t happen in America, you can tell them it already did.

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Recent “Best of Web”

Featured
Minnesotans Escape to Somalia
Jan 26, 2026
Minnesotans Escape to Somalia
Jan 26, 2026

Fleeing Minneapolis for Mogadishu.

Jan 26, 2026
The End of the Climate Cult
Dec 4, 2025
The End of the Climate Cult
Dec 4, 2025

The climatastrophe has been a terrible mistake. It diverted attention from real environmental problems, cost a fortune, impoverished consumers, perpetuated poverty, frightened young people into infertility, wasted years of our time, undermined democracy and corrupted science. Time to bury the parrot — Matt Ridley.


Dec 4, 2025
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

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
A Very Old Racket
Jan 27, 2026
A Very Old Racket
Jan 27, 2026

Historians generally posit that the Roman welfare state appeared in the last century of the old Republic, beginning with grain subsidies in 123 B.C. But the racket is even older than that, by at least 300 years. Photo credit: Douglas Rissing via iStock.

Jan 27, 2026
China's Past Through a Lens of Liberty
Jan 27, 2026
China's Past Through a Lens of Liberty
Jan 27, 2026

A new, free eBook from FEE. On Chinese history from a liberty perspective by Lawrence W. Reed and Katrina Gulliver.

Jan 27, 2026
When America Bought Land From Denmark
Jan 16, 2026
When America Bought Land From Denmark
Jan 16, 2026

The U.S. never threatened or bullied Denmark before it peacefully purchased the Danish West Indies more than a century ago.

Jan 16, 2026