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Foundation for Economic Education
Production is more than the mechanical combination of labor, land, and capital. In its deepest economic sense, productio

Foundation for Economic Education · 23 posts

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Production is more than the mechanical combination of labor, land, and capital. In its deepest economic sense, productioProduction is more than the mechanical combination of labor, land, and capital.Nov 267 likesCapitalism should not be blamed for privileges created by government. Comment “Capitalism” and we’ll send you an articleCapitalism should not be blamed for privileges created by government.Oct 231.1K likesWall Street makes an easy villain in the housing crisis. But the real culprit lurks in the shadows of government regulatWall Street makes an easy villain in the housing crisis.Oct 2299 likesFrance’s economic troubles run deeper than the rising cost of living. High public spending, mounting debt, and a rigid lFrance’s economic troubles run deeper than the rising cost of living.Oct 21950 likesDuring World War II, the US government imposed wage controls to contain inflation. With labor increasingly scarce, emploDuring World War II, the US government imposed wage controls to contain inflation.Oct 2091 likesFree-market capitalism motivates you to serve others on their own terms; an economy based on redistribution motivates yoFree-market capitalism motivates you to serve others on their own terms…Oct 19353 likesHousing subsidies become far more expensive when government refuses to let housing supply grow. Comment “Housing” and weHousing subsidies become far more expensive when government refuses to let housing supply…Oct 1530 likesThomas Sowell understood that consumers are often protected most effectively when businesses must compete for their moneThomas Sowell understood that consumers are often protected most effectively when…Oct 12744 likesMilton Friedman understood that the way we spend money changes our incentives. Comment “Friedman” and we’ll send you anMilton Friedman understood that the way we spend money changes our incentives.Oct 8991 likesInnovation is inherently rebellious. Entrepreneurs and creators are the rebels who shaped the modern world. Comment “InnInnovation is inherently rebellious.Sep 28278 likesAmerica’s healthcare system is often blamed on “the free market,” but much of it is shaped by government policy. CommentAmerica’s healthcare system is often blamed on “the free market,” but much of it is…Sep 26135 likesCan government-owned grocery stores really make food dramatically cheaper? Comment “Groceries” and we’ll send you the fuCan government-owned grocery stores really make food dramatically cheaper?Sep 22527 likesEconomist Mark Perry’s “Chart of the Century” tells a striking story about prices. Comment “Prices” and we’ll send you aEconomist Mark Perry’s “Chart of the Century” tells a striking story about prices.Sep 15121 likesHopping on the ’80s trend, but Milton Friedman was actually spending the decade bringing free-market ideas to millions tHopping on the ’80s trend, but Milton Friedman was actually spending the decade bringing…Sep 13578 likesAI has revived an old socialist hope: maybe central planning can finally work. Comment “AI Socialism” and we’ll send youAI has revived an old socialist hope: maybe central planning can finally work.Sep 591 likesRent control sounds like an easy way to make housing affordable. In practice, it often rewards the wrong people and discRent control sounds like an easy way to make housing affordable.Sep 3110 likesHousing costs are high because cities let too little get built. Comment “Housing” and we’ll send you the full video. InHousing costs are high because cities let too little get built.Aug 29106 likesEconomics has always been a challenge to political conceit. Comment “Groceries” and we’ll send you the full video. AustrEconomics has always been a challenge to political conceit.Aug 27545 likesNobel laureate Kenneth Arrow shows how health policies drive up costs. Comment “Contest” and we’ll send you a link to coNobel laureate Kenneth Arrow shows how health policies drive up costs.Aug 26155 likesWashington just handed taxpayers and their children a $40 trillion bill. Comment “Debt” and we’ll send you an article thWashington just handed taxpayers and their children a $40 trillion bill.Aug 23135 likesGas prices make politicians impatient, but threats do not create fuel. Comment “Gas” and we’ll send you an article thatGas prices make politicians impatient, but threats do not create fuel.Aug 2193 likesThe country that once stunned Soviet politician Boris Yeltsin with grocery abundance is now reopening an old debate. ComThe country that once stunned Soviet politician Boris Yeltsin with grocery abundance is…Aug 21120 likesHow one supermarket visit connects Soviet scarcity to today’s grocery debate. Comment “Groceries” and we’ll send you theHow one supermarket visit connects Soviet scarcity to today’s grocery debate.Aug 19242 likes

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A country can be rich in natural resources and still be poor in opportunities. Comment “Thatcher” and we’ll send you anFoundation for Economic Education EssentialsCapitalism should not be blamed for privileges created by government. Comment “Capitalism” and we’ll send you an articleExploresWall Street makes an easy villain in the housing crisis. But the real culprit lurks in the shadows of government regulatTopicThe biggest problem with US health insurance is that it distorts prices. Comment “Healthcare” and we’ll send you the fulFullFree-market capitalism motivates you to serve others on their own terms; an economy based on redistribution motivates yoMarketsThe biggest problem with US health insurance is that it distorts prices. Comment “Healthcare” and we’ll send you the fulHealthcare