Recent Posts
Hayek firmly rejected the modern leftist obsession with “social justice.” Redistribution schemes based on outcome-focused equality ignore the process by which outcomes arise. Inequality, per se, is not a problem. The focus should not be on the outcome, but on the process. Photo: Hayek (left) and Mises (right).
I wish I could go back in a time machine to that emotional moment at Fraunces Tavern on December 4, 1783.
The idea that politicians are supposed to provide solutions to problems is usually stupid, because politicians are not magicians. They can't do things any better than people who actually create wealth. They don't create wealth, they just redistribute it. We shouldn't think of the state as a very generous uncle who only thinks about us. A very good English translation of an interview with Kristina Votrubova in the publication Postroj. Conducted November 27, 2025.
Don’t ignore the long-run. Government is not Superman. The balance of trade is nonsense. Jesus was no socialist. And more! This is a video recording of my speech for the Conservative Institute of M. R. Stefanik in Bratislava, Slovakia, on November 27, 2025.
We should be in awe of the endless miracles that come our way from the marketplace of invention, innovation, and exchange. A podcast interview from the Cato Institute’s Libertarianism.org, October 2025.
The St. Mary’s Mission and Museum in Stevensville is well worth your time when you’re in western Montana.
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.
About Lawrence W. Reed
Lawrence W. (“Larry”) Reed became president of FEE in 2008 after serving as chairman of its board of trustees in the 1990s and both writing and speaking for FEE since the late 1970s. Prior to becoming FEE’s president, he served for 21 years as president of the Mackinac Center for Public Policy in Midland, Michigan. He also taught economics full-time from 1977 to 1984 at Northwood University in Michigan and chaired its department of economics from 1982 to 1984.
A champion for liberty, Reed has authored nearly 2,000 newspaper columns and articles and dozens of articles in magazines and journals in the United States and abroad. He has visited 87 countries.
