June 7, 2017...
May 31, 2017
May 20, 2017World Whisky Day – by grabbing a bottle and some friends or check out the WWD map to find local events and tastings.
Whiskey culture is...
May 19, 2017
Sounds ambitious. So how it would it work? Hard to say, as CAP’s proposal is short on details.
The proposal—grandiosely titled “...
May 6, 2017questionable political theories. It might seem odd to bother...
May 5, 2017
Fans of liberty recently observed the 258th birthday of early feminist writer Mary Wollstonecraft, most famous for her book A Vindication of the Rights of Woman, which was published in 1792. Wollstonecraft became a hero to many later writers on liberty who regarded her Vindication as one of the earliest defenses of full civil equality for women in Western history.
The fight for women to become full citizens of modern society required...
April 19, 2017
There is a new think tank in town: the Archbridge Institute, led by Gonzalo Schwarz, formerly of the Atlas Network. Their work focuses on economic mobility around the world. They recently released a study by Scott Winship, the first in a three-part series examining the issue. His primary finding is that relative mobility in the U.S. isn’t very strong—children born into middle class families tend to stay middle class, and children born into poor families tend to stay poor. But what about absolute mobility? The executive summary states:
[R]oughly three in four adults—and the overwhelming majority of poor children—live better off than their parents after taking the rising cost of living into...
April 14, 2017
Our friends at Reason TV have a fascinating new video out on the ethics and politics of short-term financial services like payday lending and check cashing. Host Todd Krainin interviews Prof. Lisa Servon of the University of Pennsylvania about her recent book The Unbanking of America: How the New Middle Class Survives.
Servon took a sabbatical from her teaching gig to work as a clerk in the South Bronx and Oakland, and learned that the payday lenders and check cashers are serving real needs in low-income communities, rather than exploiting...
April 12, 2017
March 30, 2017
“I, Pencil, simple though I appear to be, merit your wonder and awe... not a single person on the face of this earth knows how to make me.”
On National Pencil Day, we salute this marvel of capitalism and Leonard Read’s classic story about an everyday object. Beloved, yet often taken for granted, I, Pencil poignantly details the layers of knowledge, resources, and collaboration required to make anything—however simple or complex. Even more so, the pencil illustrates how seamlessly individuals, operating in their own self-interest, cooperate to create the modern world.
In November 2012, CEI brought Read’s brilliant essay to life with the animated short I, Pencil: The Movie. FEE President...