Foundation for Economic Education

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The Foundation for Economic Education (FEE) 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," its website states.[1]

FEE was the first modern think tank established in the United States specifically to promote, research and promulgate free market and libertarian ideas. It continues to do so through its monthly magazine, The Freeman, as well as through pamphlets, lectures, and academic sponsorship. It also publishes reprints of classic libertarian texts, and arranges seminars for American public figures.


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".[2] FEE's initial officers included Read as president, Henry Hazlitt as vice-president, and B.F. Goodrich chairman David Goodrich as chairman.

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.

Documents Contained at the Anti-Environmental Archives
Documents written by or referencing this person or organization are contained in the Anti-Environmental Archive, launched by Greenpeace on Earth Day, 2015. The archive contains 3,500 documents, some 27,000 pages, covering 350 organizations and individuals. The current archive includes mainly documents collected in the late 1980s through the early 2000s by The Clearinghouse on Environmental Advocacy and Research (CLEAR), an organization that tracked the rise of the so called "Wise Use" movement in the 1990s during the Clinton presidency. Access the index to the Anti-Environmental Archives here.

Staff and Officers

Current Staff

As of 2011 the following were listed as staff: [3]

  • Lawrence Reed, President, since 2008
  • Carl Oberg, Executive Director
  • Linda Newton, Director of Human Resource & Finance
  • Sheldon Richman, Editor, The Freeman &
  • Michael Nolan, Managing Editor, The Freeman &
  • Tsvetelin Tsonevski, Director of Academic Affairs
  • Anna Cuthrell, Director of Programs
  • Chuck Grimmett, Director of Web Media

Former Officers

Select Faculty Members

As of 2011 the following were listed as faculty: [4]

  • Doug Bandow
  • Brad Birzer
  • Peter Boettke
  • Brian Brenberg
  • Bill Butos
  • Anthony Carilli
  • Christopher Coyne
  • Paul Cwik
  • Bob Ewing
  • Burt Folsom
  • Roger Garrison
  • Mark Hendrickson
  • Steven Horwitz
  • Israel Kirzner
  • Peter Leeson
  • Edward J. López
  • Robert McNamara
  • Matthew Mitchell
  • Isaac Morehouse
  • Ivan Pongracic
  • Benjamin Powell
  • Jeff Proctor
  • Lawrence W. Reed
  • Gregory Rehmke
  • Mario Rizzo
  • Bruce Rottman
  • Frederic Sautet
  • Frank Stephenson
  • Nikolai Wenzel
  • Lawrence White

Initial Officers


Initial Staff



The following are currently serving as trustees as of 2007).[5]



Foundation for Economic Education
30 South Broadway
Irvington-on-Hudson, New York 10533
Toll free: 800 960-4FEE
Phone: 914 591-7230


Related SourceWatch articles


  1. Tradition,
  2. Early history, FEE.ORG.
  3. Foundation for Economic Education Website About Staff page Accessed June 2012.
  4. Foundation for Economic Education Website seminar faculty page Accessed June 2011.
  5. Trustees,, accessed October 25, 2007.

External articles