Federal Reserve Essay Contest


The Foundation for Economic Education is proud to announce the 2011 Eugene S. Thorpe Writing Competition.

Writers of all ages are invited to address the following:
“Should the Federal Reserve be abolished? What monetary system should replace it?”

Deadline: Midnight, Dec. 31, 2011
Length: 2,000 words. No footnotes or endnotes.
Email Word file to:
(One entry only.)

The winner will be awarded $2,000 and have his or her essay published in The Freeman.

Eligibility: The Eugene S. Thorpe Writing Competition is open to writers from around the world, including students, freelance writers, teachers and professors, and business professionals. There is no minimum or maximum age for entrants. FEE employees (and their immediate family members), trustees, and Freeman editors and columnists are not eligible.

Eugene Stephenson Thorpe (1913–2001) was born in Elroy, Wisconsin, and graduated from Cornell University with a degree in civil engineering. An early critic of FDR and the changes his policies made in the fabric of American life, Mr. Thorpe’s core beliefs included hard work, free trade, small government, and self-reliance.  He was a longtime supporter of the Foundation for Economic Education and a devoted reader of The Freeman. His children have fittingly established the Eugene S. Thorpe Award as a tribute to his life and ideas.


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July/August 2014

The United States' corporate tax burden is the highest in the world, but innovators will always find a way to duck away from Uncle Sam's reach. Doug Bandow explains how those with the means are renouncing their citizenship in increasing numbers, while J. Dayne Girard describes the innovative use of freeports to shield wealth from the myriad taxes and duties imposed on it as it moves around the world. Of course the politicians brand all of these people unpatriotic, hoping you won't think too hard about the difference between the usual crony-capitalist suspects and the global creative elite that have done so much to improve our lives. In a special tech section, Joseph Diedrich, Thomas Bogle, and Matthew McCaffrey look at various ways these innovators add value to our lives--even in ways they probably never expected.
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