Socrates was taken aback when the Oracle of Delphi said there was none wiser than he. Not believing the Oracle, Socrates went on an exhaustive hunt for a person wiser than himself, but came up empty. Why? Because everyone he …
Tag: FEE
Why the Pilgrims Abandoned Common Ownership for Private Property – Foundation for Economic Education
Governor Bradford recorded in his diary that everybody was happy to claim their equal share of production, but production only shrank. Slackers showed up late for work in the fields, and the hard workers resented it. It’s called “human nature.” …
Medicare Hypocrisy for All – Foundation for Economic Education
Gary M. Galles “Medicare is not even close to sustainable in its present form, much less to be leveraged to cover the entire population.” Saturday, October 5, 2019 “Because of the wealth transfer to early enrollees, as well as from …
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Bastiat on the Nature of Government (and Why America’s Was the Exception) – Foundation for Economic Education
“I should be glad…if you had really discovered a beneficent and inexhaustible being, calling itself the Government…which can provide for all our wants…correct all our errors, repair all our faults, and exempt us henceforth from the necessity for foresight, prudence, …
Two Ways Our World Resembles “1984” – Foundation for Economic Education
Welcome to another edition of Friday’s Philosophical Foray beyond Healthcare. Today’s foray comes to us via a thoughtful article by Jon Miltimore, managing editor at Foundation for Economic Education. “Truth, we see, does not exist in Oceania, the totalitarian …
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Frédéric Bastiat on the Connection between Socialism, Communism, and Protectionism – Foundation for Economic Education
“…As for systems based on legalized plunder, Bastiat says: As long as it is admitted that the law may be diverted from its true purpose—that it may violate property instead of protecting it—then everyone will want to participate in making …
Meet the Philosopher Behind the Ideology of the Anti-Fascists – Foundation for Economic Education
Welcome to another edition of Friday’s Philosophical Foray beyond Healthcare! Still think Fascism is a Right Wing phenomenon? Think again! The philosophical roots of Mussolini’s strategies were borrowed in large part from Marxism. Then came the work of Hubert Marcuse, …
4 Questions for Politicians Claiming Single-Payer Will Lower Health Care Costs – Foundation for Economic Education
Jim Kelly Unfortunately, outrage buys fewer tongue depressors than one might hope. The top health insurers averaged 4.1 percent profit in 2017 (per Yahoo Finance). That’s taken on half (at most) of spending for-profit insurers handle. Eliminating those profits would …
