[8][9] FEE states that its mission is to promote principles of "individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government.

[14] Its founding by Leonard E. Read,[18] Henry Hazlitt,[19] David Goodrich,[20] Donaldson Brown,[21] Leo Wolman,[22] Fred Rogers Fairchild,[23] Claude E. Robinson,[24] and Jasper Crane[25] followed a capital campaign started in 1945 by Crane, who was a DuPont executive, and Alfred Kohlberg.

[citation needed] After retiring from Grove City College where he taught economics, Hans Sennholz served as president from 1992 to 1997.

[30] Donald J. Boudreaux served as president from 1997 to 2001, before moving on to chair the Department of Economics at George Mason University.

[53][54] The textbook Economics In 31 Hours, co-authored by Silenas, is now read by 80 percent of high school students in Lithuania.

Hayek,[60] Henry Hazlitt,[61] Milton Friedman,[62] James M. Buchanan,[63] Vernon Smith,[64] Walter Williams,[65] F.A.

Notable recipients have included:[68][non-primary source needed][permanent dead link‍] FEE published The Freeman magazine from 1954 to 2016.

[70][27][71] FEE was the original publisher of the essay "I, Pencil", which explored how markets coordinate the disparate activities necessary for economic cooperation.

[72] FEE publishes books, articles, and pamphlets both on paper and digitally that the foundation considers classic works on liberty.