Hats Off to Peaceful and Voluntary ExchangeSarah Skwire Apr 23
Dr. Seuss bequeathed to us a story of peaceful, voluntary exchange.
The Foundation for Economic Education is pleased to present a weekly feature every Friday by our president, Lawrence W. Reed, commencing April 24, 2015. Real Heroes is expected to run for approximately one year. Each week, Mr. Reed will briefly relate the stories of people whose choices and actions make them heroes.
Mr. Reed has personally met many heroes himself. In a 2007 essay on one of them, Sir Nicholas Winton, he wrote, "The truest hero does not think of himself as one, never advertises himself as such, and does not perform the acts that make him a hero for either fame or fortune. He does not wait for government to act if he senses an opportunity to fix a problem himself."
The people Reed will write about will not be the well-known, usual suspects. Often, they will be men and women you've never heard of, from the distant past to the present day. In every case, they will be individuals who deserve notice and appreciation. They will exemplify one or more of the character traits Reed wrote about in his short book, Are We Good Enough for Liberty? -- traits he regards as critical to the flourishing of a free society.
Each week, a new essay will be added to the table of contents. When the series runs its course, the collection will all be published in multiple digital-book formats.
Speaking Truth to Power: Jimmy Lai
For years, a bust of John James Cowperthwaite sat prominently in the foyer of Jimmy Lai's Next Media office in Hong Kong, along with others of economists F.A. Hayek and Milton Friedman. If that's all you ever knew about Jimmy Lai, you could at least surmise that he loves liberty and free markets.
Cowperthwaite had been the architect of Hong Kong's free market miracle. He started with a destitute rock and turned it into one of the world's freest and most prosperous economies. (Indeed, I've suggested that he deserves to be recognized annually and everywhere with a Cowperthwaite Day on the anniversary of...