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A collection of essays by FEE President Lawrence W. Reed and historian Burton W. Folsom, Jr. that surveys the economic history of the United States and the modern world. Along the way, they dismiss commonly-held fallacies and present the stories of the individuals who changed history and expanded liberty for everyone.

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About the Author:
Lawrence W. Reed has served as president of the Foundation for Economic Education since September 1, 2008. Prior to that, he was president for twenty years of the Mackinac Center for Public Policy in Midland, Michigan. Reed has authored over 1,000 columns and articles dozens in newspapers, magazines and journals in the U. S. and abroad, as well as five books. He has lectured in dozens of nations. Reed’s articles have appeared in The Wall Street Journal, Christian Science Monitor, USA Today, Baltimore Sun, Detroit News and Detroit Free Press, among many others. His interests in political and economic affairs have taken him to 72 countries on six continents. He holds a B.A. degree in Economics from Grove City College (1975) and an M.A. degree in History from Slippery Rock State University (1978), both in Pennsylvania. He holds two honorary doctorates from Central Michigan University (Public Administration—1993) and Northwood University (Laws—2008). He is a member of the Mont Pelerin Society and is an adviser to numerous organizations around the world. A full bio is available at FEE.org and on Wikipedia. Burt Folsom is a professor of History at Hillsdale College, a senior fellow in economic education for the Mackinac Center for Public Policy, and senior historian for the Foundation for Economic Education. He holds a Ph.D. from the University of Pittsburgh. His B.A. and M.A. degrees in history are from Indiana University and the University of Neb raska, respectively. Folsom has published many articles and books, including the widely acclaimed The Myth of the Robber Barons. His two most recent books are New Deal or Raw Deal? How FDR’s Economic Legacy Damaged America and FDR Goes to War: How Expanded Executive Power, Spiraling National Debt and Restricted Civil Liberties Shaped Wartime America. He lectures widely throughout the U.S. and is a regular speaker at FEE's summer seminars for college students.

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