Value of Economic Reasoning … Any Place, Any Time

The theory of economics does not furnish a body of settled conclusions immediately applicable to policy.  It is a method rather than a doctrine, an apparatus of the mind, a technique which helps the possessor to draw correct conclusions.
John Maynard Keynes

Economic principles help describe why people do what they do to get what they want.
Bob Reinke

All social phenomena emerge from the choices that individuals make in response to expected benefits and costs to themselves.
Paul Heyne

It is but a very small part of man’s wants which the produce of his own labour can supply.  He supplies the far greater part of them by exchanging that surplus part of the produce of his own labour, which is over and above his own consumption, for such parts of the produce of other men’s labour as he has occasion for. Every man thus lives by exchanging, or becomes in some measure a merchant, and society itself grows to be what is properly a commercial society.

Adam Smith

Debbie Henney, FTE Director of Curriculum Receives Bessie B Moore Service Award

  Foundation for Teaching Economics is proud to announce that Debbie Henney, director of curriculum for the Foundation for Teaching…

FTE Pays Tribute to Jerry Hume

It is with deep sadness that we announce the loss of William J. Hume, known as Jerry Hume, former Chairman…

Why We Should Be Teaching Students Economic Literacy

Ted Tucker, Executive Director, Foundation for Teaching Economics October 26, 2022 More high schools are offering courses on personal finance…