Source: Foundation for Economic Education
by Denise Lever
“When founders start education businesses, the conversations revolve around the learners. Founders focus on curriculum, culture, families, vision, and mission. Then months, and sometimes years, later, the questions shift to different concerns. ‘Do I need a business license?’ ‘Where do I get insurance?’ ‘How do I know who has jurisdiction?’ and, eventually, ‘Do you know a good lawyer?’ Many founders willingly invest hundreds of hours learning about child development, curriculum, and how to build a learning community culture. What many don’t anticipate is that bringing that vision to life also requires understanding lease agreements, zoning, employment law, insurance, building codes, and a host of other regulations that have little to do with education and everything to do with operating a successful education business.” (07/30/26)
“Every voluntary trade makes both parties richer. The buyer values what they receive more than what they give up. The seller values what he or she receives more than what they give up. Nothing is created in a factory sense, yet wealth appears, because both sides end up holding something they prize more highly than what they started with. This is not a zero-sum shuffle of existing goods. It is the mechanism by which economies grow.” (07/30/26)
“We can’t ignore the DSA and its influential boosters. Comments on my last article tried to deflect from the socialist problem. One reader argued that this is all a sideshow, pointing out that the DSA has only 100,000 members. I get it. With ICE agents continuing on their unrestrained rampage and a new Watergate practically every day, self-reflection feels difficult for many in the anti-Trump camp. But blindness is a recipe for disaster. Simple statistics like the number of card-carrying members belie the DSA’s growing sway in the Democratic Party. Who is involved matters much more than how many formally pay dues to the organization.” (07/30/26)
“By positioning himself as the indispensable face of the pandemic, Fauci ensured that questioning the official narrative meant questioning him—and questioning him meant questioning science itself. The diary thus reads as the logical prelude to his 2021 declaration: ‘They’re really criticising science because I represent science.’ After reading these private entries, the remark no longer sounds like an off-the-cuff comment, but rather the inevitable conclusion of a man who had come to believe he was the final arbiter of truth.” (07/30/26)
“Despite being pardoned by President Biden for his COVID crimes, Anthony Fauci pled his Fifth Amendment right to remain silent. He refused to answer a single question about his role in pandemic policy before the Homeland Security Committee, chaired by Senator Rand Paul, despite being immune from prosecution. I think I know why.” (07/29/26)
“Claims to ‘protect consumers’ often shield established industries from competition. The century-old battle over the definition of ‘whiskey’ shows how.” (07/30/26)
“[Adam Smith] explains the mechanisms that Crown and Parliament in Great Britain used to achieve their goals through intervention into and control over the lives of colonists. Great Britain imposed protections and privileges for a subset of society, foreclosed on the colonists’ right to self governance, and advanced institutions to promote British nationalism. In contrast, Smith and the colonists seek after impartial institutions that govern for the welfare of all, analogous to a market.” (07/30/26)
“If believing something suits MAGA’s prejudices and interests, they don’t hesitate: they simply insist that it’s true. They routinely dismiss scientific and statistical evidence, but they don’t stop there. They’re perfectly willing to deny reality even if the truth is staring them in the face. Thus, Trump urged Americans to remember that 2024 TV blackout, which nobody remembers because it didn’t happen. He insists that California has ‘blackouts and brownouts every weekend,’ when the state’s 39 million residents can tell you it doesn’t. He says that you must show ID to buy groceries, which everyone who buys their own food knows isn’t so. Do Trump and his followers actually believe these things? As I see it, that’s a category error, starting from the presumption that they even accept that objective facts exist.” (07/30/26)
