Foundation for Economic Education

As MLK once said: "Violence never brings permanent peace. It solves no social problem; it merely creates new and more complicated ones."

These 4 underlying sociological problems, not guns, are the key drivers of American violence.

Economic progress is not a zero-sum game. Wealth is created through voluntary exchange and cooperation, not through redistribution and regulation.

Fiat currency, unbacked by tangible assets, risks becoming the illusion of wealth, where value is dictated by decree rather than determined by market forces.

“If you want to be a missionary for liberty, to be vaguely familiar or generally sympathetic with the concept is not enough. Success at convincing others requires attention to the attractive qualities of a well-rounded individual. Be as good as you can possibly be, [Leonard] Read used to say, and others will seek your tutelage.” — Lawrence W. Reed

10 Pictures from the Past 100 Years that Highlight the Power of Liberty https://lnkd.in/gUK2KP3h

You say you don’t “do politics.” But you do. Some see voting as the quintessential act of politics, but those who don't vote are still involved in the political process. Politics isn't just: Voters going to the polls. Volunteers participating in elections. Politicians in DC passing legislation. It’s also: Local organizations tackling issues. Neighbors settling disputes. Families making decisions about finances, what to eat, and where to go on vacation. Politics is about how we, as citizens, build relationships and rules to manage and resolve conflicts with minimal force. As the late economist Steve Horwitz wrote, “Every time we engage in the conversation about what is wrong with the world we live in and how we might make it better, wealthier, more just, or more peaceful, we are being political.” According to political economist Vincent Ostrom, politics is about constructing rule-governed relationships that prevent and resolve conflicts in ways that minimize coercion through conversation, collaboration, and consent. So, elections and voting aren't really what politics is all about. They’re just a small piece of a much bigger picture. In fact, voting might be the least important and least effective form of political action. Read more in Steven Horwitz’s article ‘Don’t Do Politics? Think Again.’: https://lnkd.in/grGZPR-b

Vietnam is proof that Adam Smith had the formula right: free markets are the key to defeating poverty. https://lnkd.in/g-EwNgWH

Model and social media personality Nara Smith is making her own toothpaste. There's nothing wrong with that choice, but it's not one that all of us should make. Specialization and the division of labor is part of what makes capitalism great.

Small businesses are often much more attuned to people’s specific needs than giant corporations. The success of both small and large firms in different markets is a natural outcome of capitalism. https://lnkd.in/g8iVvHD3