FEE (Foundation for Economic Education)
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The Foundation for Economic Education (FEE): Follow to learn economics in 280 characters or less. Subscribe to our Newsletters 🔽
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What if the device you’re holding could win you $10,000? 💸
Submit your video to Economic Marvels and share the epic story behind the everyday products we take for granted.
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Brazilian Supreme Court Justice Alexandre de Moraes "has jailed five people without a trial for posts on social media that he said attacked Brazil’s institutions."
Read more in the latest from
@revivingreason
:
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In what is considered one of the greatest abolitionist speeches, Frederick Douglass presented “What to the Slave is the Fourth of July?” to the Rochester Ladies’ Anti-Slavery Society in New York on July 5, 1852.
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Always a great day to remember this.
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🎯 Milton Friedman hits the nail on the head.
From an interview with Phil Donahue, 1979
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Time has proven
@RandPaul
had his thumb on the pulse of the science of the virus and understood the unintended consequences of government interventions better than public health officials.
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We have the receipts:
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Time has proven
@RandPaul
has had his thumb on the pulse of the science of the virus, and understood the unintended consequences of government interventions better than public health officials.
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"Many of the things we thought of as misinformation just a short while ago are now accepted as fact." -
@joerogan
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Sen. Rand Paul’s new report shows the feds wasted millions studying whether people will eat bugs, funding art classes in Kenya, fighting truancy in the Philippines, and more.
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Documents obtained by
@theintercept
prove the US did indeed fund coronavirus research at the Wuhan lab.
@RandPaul
called this months ago.
@HannahDCox
reported on it for us months ago.
Still no apology from Fauci who tried to deny it to congress.
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✏️ How pencils prove that capitalism is good, as explained by Milton Friedman
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By suspending Ron Paul, it becomes clear that 'safety' may not be Big Tech's primary goal.
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“There is [going to be] a time in which people wake up and say ‘the emperor has no clothes." –
@RandPaul
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🎯 Milton Friedman tears down the worst inflation myths
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Exposed: Congressman Trying to ‘Shut Down’ Cryptocurrency Gets Biggest Donations From Big Banks and Financial Institutions.
@brad_polumbo
has the story:
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Wealth is not a zero-sum game.
Change our mind.
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“People are saying we’re going to give you free college, free cars, free cell phones, free this, free that,” Senator
@RandPaul
said. “The problem is there are ramifications. Money doesn’t grow on trees… money’s got to come from somewhere.”
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The relationship between democracy and liberty is, to be sure, a complicated one.
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Time has proven
@RandPaul
had his thumb on the pulse of the science of the virus, and understood the unintended consequences of government interventions better than public health officials.
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"The government solution to a problem is usually as bad as the problem."
– Milton Friedman
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Amy Phan West escaped Vietnam's communist dictatorship in 1984. Now she’s urging Americans to never take their freedoms for granted, lest they fall prey to the same fate as Vietnam.
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It's clear now that Fauci’s pandemic response was not just about Covid, but a larger technocratic revolution—one that Americans did not sign up for and has failed miserably.
@miltimore79
explains:
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They're not banning TikTok to protect your data.
They're doing it to protect their power.
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Socialism continues to fail, but socialists avoid criticism by maintaining that the failures are not “true socialism.” Just recently, the New York Times called Venezuela’s economic system an example, not of socialism, but of “brutal capitalism.”
Why are so many socialists
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Dr. Fauci’s most recent confrontation with
@RandPaul
is an uncomfortable reminder of the government’s poor track record with the truth.
@HannahDCox
has the story:
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“In the summer of 2021, Americans saw something unusual: Dr. Anthony Fauci on tilt.”
@miltimore79
writes on how NIH's Letter to Wuhan Lab Confirms Rand Paul Was Right and Fauci Was Wrong about Gain-of-Function:
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Inside Milei’s first days in office
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In a free market, billionaires only get rich by solving other people's problems
h/t
@beinlibertarian
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"What causes poverty?" is the *wrong* question.
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“It’s amazing how much panic one honest man can spread among a multitude of hypocrites.”
- Thomas Sowell
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All of these countries have something in common. What is it?
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Doctors are warning that children, in particular, are experiencing grave mental health consequences as a result of the lockdowns—leading to an “international epidemic” of child suicide.
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This shouldn’t exactly fill you with confidence.
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Ninety years ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison.
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"Fascism and communism are not two opposites, but two rival gangs fighting over the same territory... based on the collectivist principle that man is the rightless slave of the state."
- Ayn Rand
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Never forget that the real culprit is the Federal Reserve's runaway money printing.
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"Worship of the state is the worship of force." -- Ludwig von Mises
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“We only arrive at the truth through disputation, by hearing [more] voices. It’s easy enough to say something is ‘misinformation.’ But really, a lot of things are debatable.” –
@RandPaul
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Their willingness to put children last and fight to keep schools closed has proven once and for all that teachers’ unions do not, in fact, have kids’ best interests at heart.
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Sums it up? Capitalism creates more wealth for everyone, instead of just splitting up existing wealth.
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Good ideas don't require force.
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“If Americans continue to accept extreme intrusions of government power during times of crisis, those invasions of our liberty may well remain on the books for decades to come.” –
@brad_polumbo
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This is your country on socialism.
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💯 Thomas Sowell explains why collectivism never works, in under one minute:
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According to Dr. Bhattacharya, a professor of medicine who studies epidemiology at Stanford University, recent studies indicate that the mRNA vaccines produced by Moderna and Pfizer do not contribute to herd immunity.
@SenatorBrakey
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🔥 Ayn Rand nailed this answer
"You believe that there should be no right by the government to tax..."
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This July 4th, let’s recall the great gift our patriots gave us—the freedom to choose the course of our republic—and let’s resolve to make their sacrifices worthwhile.
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“I would say that in this world the greatest source of inequality has been special privileges granted by government.”
– Milton Friedman
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Non-compliance is a deeply American tradition.
That just became a lot more relevant.
#DoNotComply
#WeWillNotComply
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Which side of Korea would you want to live in?
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Republican Congresswoman
@RepNancyMace
Introduces Bill to End Federal Marijuana Criminalization.
@brad_polumbo
has the story.
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Fuel oil 70%
Gas 48%
Used cars 35%
Hotels 29%
Airfare 24%
Utility gas 22%
Bacon 18%
Oranges 18%
Furniture 16%
Beef 16%
New cars 13%
Chicken 13%
Milk 13%
Appliances 12%
Fish 11%
Eggs 11%
Coffee 11%
Food at home 10%
Rent (OER) 4.5%
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No, not at all.
Rent control only worsens the problem by reducing the supply of affordable apartments. How many times does this have to be tried and failed for you guys to admit you were wrong? Give a number.
Rent control is the fastest, most impactful way to address the United States’ skyrocketing housing costs.
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Ending qualified immunity is a step in the right direction.
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Turns out the people who want to "stop disinformation" are spreading it.
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Where would we be without entrepreneurs?
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"Politics is the art of making your selfish interests look like national interests." – Thomas Sowell
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"When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition."
- Milton Friedman
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Liberty lovers are often accused of “hating the poor,” because they want to remove government welfare programs.
This accusation is false.
Just because a program is meant to help the poor doesn’t mean it does. As the famous economist Milton Friedman put it, “One of the great
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"If an entrepreneur makes a mistake, he suffers the consequences. If a bureaucrat makes a mistake, you suffer the consequences." – Ayn Rand
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For the same $6 trillion in expenditure, the government could have given every federal taxpayer a $41,870 check.
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"‘We’ are not the government; the government is not ‘us.’ The government does not in any accurate sense ‘represent’ the majority of the people.”
- Murray Rothbard
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Why socialism doesn’t work:
1. Without private property in the means of production, there will be no market for the means of production.
2. Without a market for a means of production, there will be no monetary prices established for the means of production.
3. Without monetary
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“This country has a mental health problem disguised as a gun problem, and a tyranny problem disguised as a security problem.”
- Joe Rogan
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“The State is a gang of thieves writ large.” - Murray N. Rothbard
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“Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive.” – C. S. Lewis
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Free markets, not foreign aid, are the true solution to global poverty.
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Remember this next time they say "temporary powers" will only exist as long as they need to.
@RealSpikeCohen
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