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The FEE logo
The FEE logo

The Foundation for Economic Education (FEE) was the first modern think tank established in the United States specifically "to study and advance the freedom philosophy. A think tank (also called a policy institute) is an organization institute corporation or group that conducts Research and engages in advocacy in areas such The United States of America —commonly referred to as the " [1] The FEE promotes, researchs and promulgates free-market, classical liberal, and libertarian ideas. A free market is a Market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers Classical liberalism (also known as traditional liberalism, Laissez-faire liberalism, Market liberalism or in much of the world Libertarianism is a term used by a broad spectrum of political philosophies which prioritize individual Liberty and seek to minimize or even abolish the It continues to do so through its monthly magazine, The Freeman, as well as through pamphlets, lectures, and academic sponsorship. The Freeman is a monthly journal it is the principal publication of the Foundation for Economic Education (FEE located in Irvington-on-Hudson New York It also publishes reprints of classic libertarian texts, and arranges seminars for American public figures.

History

FEE was founded in 1946 by Leonard Read, general manager of the Los Angeles Chamber of Commerce, for whom "the free-enterprise philosophy had already become almost a religion". Year 1946 ( MCMXLVI) was a Common year starting on Tuesday (link will display full 1946 calendar of the Gregorian calendar. Leonard E Read ( September 26, 1898 May 14, 1983) was the founder of the Foundation for Economic Education, which was the first [2] The William Volker Fund was instrumental in subsidizing FEE's establishment. The William Volker Fund, which was active from 1932 to 1965, was a charitable foundation established to subsidize the promotion and dissemination of Free-market FEE's initial officers included Read as president, Henry Hazlitt as vice-president, and B. F. Goodrich chairman David Goodrich as chairman. Henry Hazlitt ( November 28, 1894 – July 8, 1993) was a libertarian Philosopher, Economist, and Journalist Goodrich Corporation (formerly the BF Goodrich Company), is an American Aerospace manufacturing company based in Charlotte North Carolina

Many libertarians have credited Read's effort as one of the bases for the international post-War libertarian movement. For instance, Friedrich Hayek was apparently inspired partly by FEE when he formed the Mont Pelerin Society in 1947. Friedrich August von Hayek CH ( May 8, 1899 March 23, 1992) was an Austrian British Economist The Mont Pelerin Society is an international organization composed of economists, intellectuals business leaders and others who favour Classical liberalism; the Year 1947 ( MCMXLVII) was a Common year starting on Wednesday (link will display full 1947 calendar of the Gregorian calendar.

In May 2003 Richard Ebeling became the president of FEE. Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. Richard M Ebeling (born 1950 New York City) is an American libertarian author and president of the Foundation for Economic Education FEE's previous president, Mark Skousen, served from 2001 to 2002. Mark Skousen (born 1947) is an American Economist, Investment analyst, Newsletter editor, college professor Year 2001 ( MMI) was a Common year starting on Monday according to the Gregorian calendar. See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar.

References

External links

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