Foundation for Economic Education
@feeonline
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✏️Inspiring, educating & connecting future leaders with the principles of a free society. | Est. 1946
Atlanta, GA
Joined January 2009
“That nonpurposive social organizations will naturally evolve and that an undesigned order can be the product of self-regarding acts are radical ideas in Western thought.” - Gerald P. O’Driscoll 🤔
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Google’s new transparency about the energy use of its Gemini AI reveals a hidden cost of artificial intelligence.
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It's been three months since the relaunch of The Freeman! @katrinagulliver writes about running the publication and our explosive growth in these first few months.
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“The true liberal descries liberty as an end, not a means. To do something for him and others that no other thing can do. Not exchangeable for any amount, however large, of national greatness and glory, of prosperity and wealth, of enlightenment and morality.” - Lord Acton
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I have a new post @TheFreemanMag on inflation. I discuss scholastic monetary theory and Nicole Oresme's contention that currency debasement is fundamentally unjust. https://t.co/piG4kW8Om3
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The future of money won’t be decided by central banks, but by code. @MichaelSMilano shows why decentralization is the real test of sound money.
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“The notion that the incomes of the more prosperous have somehow been achieved at the expense of the less prosperous has had a long and disastrous history. In its duration and consequences it is perhaps the most pernicious of all economic misconceptions.” - Peter Bauer 🧐
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What one discards, another turns into wealth.
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"The future of money is being coded—not printed—and the preservation of our liberties hinges on whether the underlying protocols uphold the principles of sound money. As a commodity, money is unlike any other; it is not consumed, nor does it directly contribute to the production
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“There’s a reason we have a private sector to begin with, which is that market realities force companies to efficiently deliver good products at a reasonable price, or else go out of business due to competition.” - @tylercowen
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"We can only hope that this anniversary will remind us and our political leaders that the economy is not a simple machine to be tinkered with." - @PeterPashute
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“As his critics have observed, at the time he began banging on about proletarian revolution in 1843, Marx had not yet set foot in a factory, or met or talked to any factory workers. Nor had he done any research on industrial processes or wages, as he would in later years.” -
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If your rights can be auctioned off to fund the state, they were never rights at all. @katrinagulliver’s piece is a wake-up call.
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