Co-Founder and chief promotor of Wikipedia, Jimmy Wales talks about the philosophy behind the 5th most popular website in the entire world, and how his understanding of individualism and the value of a free society led him to create such an incredible and valuable source of freely-accessible information for everyone. Jimmy also takes Q&A at the end of the session.

This week, James and Antony take a brief departure from talking about the growing national debt, and our absurd tax system to discuss the numerous ways in which more economic and personal freedom has made people wealthier, more equal, and better off all over the world. We're actually living in pretty amazing times. Read more: https://fee.org/articles/actually-life-is-pretty-awesome/

FEE President Lawrence W. Reed spoke to students attending Freedom Academy II in Atlanta, GA on July 30, 2010 about the important role character plays in the maintenance of freedom.

We regularly hear how important consumer spending is for the economy. The story goes like this: the more consumers spend, the more money circulates in the economy, which stimulates healthy job growth and profits. If people could be encouraged to go out and spend a little more of their paycheck, we'd all be better off. Keynes went as far as to say that individuals saving their money may actually be hurting the economy, as saving reduces "aggregate demand" and therefore company revenue. Sounds troubling, doesn't it? Fear not. You aren't actually hurting anyone by filling up your piggy bank. In fact, savings help the economy, as they make lending to productive entrepreneurs possible. The consumption that we enjoy is only made possible by prior production. And that production is only made possible by savings. For more resources about the economics of saving versus consuming, visit http://www.fee.org/the_freeman/detail/savings-fuel-for-an-economic-engine Scripted, animated, and produced by Steve Patterson. Very special thanks to Julia Patterson.