About

The Foundation for Economic Education (FEE), one of the oldest free-market organizations in the United States, was founded in 1946 by Leonard E. Read to study and advance the freedom philosophy. FEE’s mission is to offer the most consistent case for the “first principles” of freedom: the sanctity of private property, individual liberty, the rule of law, the free market, and the moral superiority of individual choice and responsibility over coercion.

For decades these ideals have been ignored to an alarming degree. Despite the end of the Cold War and the demise of the Soviet Empire, too many Americans do not seem to appreciate the very concept upon which the Founding Fathers established the American Republic.

Our vital task is to counter this trend. To help people rediscover how essential freedom is to human existence and to demonstrate how dangerous it is to move toward any form of collectivism, FEE offers a comprehensive educational program to all students of liberty.

The Foundation’s periodicals, The Freeman: Ideas on Liberty, Notes from FEE and In Brief (an e-commentary) offer timeless insights on the positive case for human liberty to thousands of people of all ages in America and around the world. Throughout the year FEE’s lectures, programs and seminars bring thousands of individuals together to explore the foundations of free enterprise and constitutionally limited government. FEE also plays an important role in publishing and promoting essential books on the freedom philosophy.

During its long and illustrious history, FEE has published or hosted lectures by some of the finest minds of the modern age, including Ludwig von Mises, F.A. Hayek, Henry Hazlitt, Milton Friedman, James Buchanan, Vernon Smith, Israel Kirzner, Walter Williams, George Stigler, Frank Chodorov, John Chamberlain, F.A. “Baldy” Harper, William F. Buckley Jr., among many others.

FEE established its home on a rambling seven-acre 19th-century estate on the Hudson River, 22 miles north of Manhattan. The 20,000 square-foot main building, the “Big House”, has offices, library and archives, classroom, a commercial kitchen, a formal dining room, a large reception lounge, and a men’s dormitory. Women stay in the Carriage House dormitory, next to the main building.

The Foundation for Economic Education is a non-political, non-profit, tax-exempt educational foundation and accepts no taxpayer money. FEE is supported solely by contributions from private individuals, foundations, and businesses and by the sales of its publications.

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