All Posts Tagged With: "economic education"
How an Economy Grows and Why It Crashes
Ignorance of economics is rampant. The average person believes the secret to prosperity is consumption and was often led to that fallacy by professional economists who should know better. Economic education in the universities has been as much a part of the problem as the solution, with millions of students taught Keynesian beliefs about government [...]
22Jun2011 | Robert Batemarco | 4 comments | ContinuedIdeas versus Interests
Bad incentives can be overcome by good ideas.
11Oct2010 | Isaac M. Morehouse | 4 comments | ContinuedThe Economic Way of Thinking Makes a Comeback
As readers of this magazine know, its main goal, and that of FEE as a whole, is economic education—that is, to explain and spread essential economic insights so more people become familiar with the “economic way of thinking,” as Israel Kirzner called it. This brings insight to politics, society, and history. Above all, it gives [...]
25Aug2010 | Stephen Davies | 2 comments | ContinuedSmarter than a Fifth Grader?
George Mason economics professor and Freeman contributor Daniel Klein, in cooperation with Zogby researcher Zeljka Buturovic, published in today’s Wall Street Journal an op-ed showing the results from their study on correlations between policy choice and knowledge in basic economics. You can read it here.
8Jun2010 | Tsvetelin M. Tsonevski | 0 comments | ContinuedThe Ideas of Liberty and FEE
The great University of Chicago economist Frank Knight wrote in 1921 that it makes vastly more difference practically whether we disseminate correct ideas among the people at large in the field of human relations than is the case with mechanical problems. For good or ill, we are committed to the policy of democratic control in [...]
1Nov2008 | Donald J. Boudreaux | 0 comments | ContinuedCharacter, Liberty, and Economics
Over four decades I’ve written scores of articles, essays, and columns on economics; taught the subject at the university level; and given hundreds of speeches on it. In recent years the nexus between the economics of a free society and individual character has worked its way into my writing, speaking, and thinking with increasing emphasis. [...]
1Jul2008 | Lawrence W. Reed | 11 comments | ContinuedWe Need Multimedia Economics Teaching
Earlier this year I was invited to give a talk at an art gallery in Georgetown, the posh area of Washington, D.C., down the street from the White House, abutting the Potomac River. I confess this doesn’t happen to me very often. Okay, I exaggerate—it never happens to me. This was my first invitation ever [...]
1Oct2006 | Russell Roberts | 1 comment | ContinuedThe Early History of FEE
Henry Hazlitt had a long and distinguished career as economist, journalist, author, editor, and literary critic. This article, first published in the March 1984 issue of The Freeman, is excerpted from his remarks at the Leonard E. Read Memorial Conference on Freedom, November 1983. I’ve been invited to share some recollections about the early days [...]
1May2006 | Henry Hazlitt | 1 comment | ContinuedThe Roots of Economic Understanding
The game of economics in the United States is something like a ball game where the home team fails to score. The record shows a lack of economic understanding. Despite the abundance of material splendor parading before us in the show of ostentatious consumption, we seem to be losing most of our games in terms [...]
1May2005 | F. A. Harper | 0 comments | ContinuedEcon 101: An Austrian Economist’s Dream
On the first day in an economics class the instructor tells us that “resources are scarce,” but human “wants are unlimited”—hence the eternal “economic problem.” How do we know resources are scarce? We can observe this fact with our senses; we can see that nothing is available in unlimited quantities everywhere and at all times. [...]
1Jan2004 | Arthur E. Foulkes | 0 comments | ContinuedThe Importance of FEE, Then and Now
When Leonard Read established the Foundation for Economic Education in 1946, the United States had just passed through 12 years of Franklin Roosevelt’s New Deal interventionist policies, including four years of wartime controls. Read was deeply concerned that the American people were losing their understanding of and appreciation for individual liberty, free markets, the rule [...]
1Sep2003 | Richard M. Ebeling | 1 comment | ContinuedProject Labor Agreements: Economic Illiteracy 101
Perhaps it’s the result of a dumbing-down of the American citizenry, but these days economic debates are waged with the most illogical premises. For instance, in recent weeks news stories have discussed plans by some California cities to use tax dollars to build power plants, rather than to keep buying power from the quasi-private utility [...]
1Jun2003 | Steven Greenhut | 1 comment | ContinuedWhat’s Wrong with How We Teach Economics
Brandon Crocker is a real estate executive in San Diego. The decline in the core curricula of universities and the growing “cultural illiteracy” of high school and college graduates have been lamented in many books and articles. As universities have redesigned their curricula to fit the demands of political correctness and the particular interests of [...]
1May2003 | Brandon Crocker | 0 comments | ContinuedBasic Economics: A Citizen’s Guide to the Economy by Thomas Sowell
Basic Books · 2000 · 432 pages · $30.00 Reviewed by Roger Meiners Thomas Sowell is one of the fine scholars of our time. He has written on a wide range of important topics, is an excellent writer, and has provided some original insights into some difficult issues. Teaching economics is difficult, as Sowell notes. [...]
1Nov2001 | Roger Meiners | 21 comments | ContinuedFEE’s Goal: From Candlestick to Lighthouse
“Those of us interested in an improved perception, awareness, consciousness of the freedom philosophy on the part of others have only to increase our own candle power.” — Leonard E. Read 1 Becoming the president of the Foundation for Economic Education fulfills a lifelong desire of mine to excise bad thinking from the public arena [...]
1Oct2001 | Mark Skousen | 1 comment | ContinuedAn Open Letter to Senators Clinton and Schumer
Dear Senators Clinton and Schumer: Having accepted a position on the economics faculty at George Mason University, I just moved from New York to Virginia. But until recently, you were my representatives in the world’s greatest deliberative body. I write to you now on a matter of maximum importance to me, to the Foundation for [...]
1Sep2001 | Donald J. Boudreaux | 0 comments | ContinuedPaul Heyne, R.I.P.
Contributing editor Thomas DiLorenzo is an adjunct scholar of the Mises Institute at Auburn University and a professor of economics at Loyola College in Maryland. Most Americans have probably never heard of University of Washington economist Paul Heyne, who recently passed away. That’s a shame, for Paul was arguably the most effective economic educator in [...]
1Jul2000 | Thomas J. DiLorenzo | 1 comment | Continued-
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