Blog
Demise of ESG Investing Overstated
The Department of Labor’s recent notice of proposed rulemaking on environmental, social, and governance (ESG) factors in pension fund investments has received a lot of…
Reason
Capitalism Trumps Hate
Big business wasn’t exactly the first place activists looked for allies as the modern gay rights movement emerged. Large corporations have long been seen as…
Reason
Capitalism Trumps Hate
Big business wasn't exactly the first place activists looked for allies as the modern gay rights movement emerged. Large corporations have long been seen as…
Comment
Comment on Employee Benefits Security Administration Proposed Rule “Financial Factors in Selecting Plan Investments”
The Department of Labor’s move to safeguard the retirement future of beneficiaries of pension funds governed by the Employee Retirement Income Security Act of 1974…
Blog
Cheers to Department of Labor for Protecting Retiree Investments
At the end of last month the Department of Labor published a new notice of proposed rulemaking on the investment choices that private pension fund…
Blog
Wealthy Millennials Not So Concerned with “Socially Responsible” Investing
In the last few years advocates of corporate social responsibility theory have been assuring everyone who would listen that a new day is dawning for…
Blog
Secretary Scalia to Pension Funds: Manage for Returns, Not Virtue Signaling
In a Wall Street Journal op-ed, Labor Secretary Scalia explains the reasoning behind a proposed rule reaffirming that pension funds should focus on providing benefits…
Cato Journal
Book Review: The American Dream Is Not Dead (But Populism Could Kill It)
Capitalism’s populist critics, on both left and right, have got their critique backward—not only are earnings and economic opportunity not evaporating, as they claim, but…
Blog
Anti-Corporate Author: Get Over Your Vanity and Just Read “Impeccable” New York Times
Are you struggling to stay informed in an Internet landscape full of conflicting sources and analysis? Good news—a New York Times bestselling author (and former…
Blog
Value of Employee Benefits in Eye of Beholder
Advocates of “social responsibility” and environmental, social, and governance standards for companies have little interest in their proposed requirements being voluntary, despite frequent protestations to…
Blog
“Social Responsibility” Expectations for Business Pivot from Voluntary to Mandatory
The Financial Times reported that many companies have cut dividends to shareholders because they are struggling with the current economic downturn. But even after we’ve…
Blog
There Is No Such Thing as “Safe”
Iain Murray has a great essay up at Law & Liberty today on why some groups of Americans are perceiving quarantine policies so differently from…
Blog
Lean on Business Leaders to Defend Markets
One on the main goals of the Competitive Enterprise Institute’s Center for Advancing Capitalism is for more business leaders to prioritize the defense of the…
Blog
Retro Review: Irving Kristol’s “Two Cheers for Capitalism”
Long before we began debating the wisdom of neoconservative foreign policy, Irving Kristol was writing about domestic economic policy and the future of capitalism. His…
Blog
New Profile in Capitalism: Ariel Corporation CEO Karen Wright
Some CEOs seem to have more hours in the day than others. Such is the case of Karen Wright, the head of Ariel Corporation, a…
News Release
Energy and Manufacturing Leader Karen Wright Shares Perspective on Capitalism
Business leaders like natural gas CEO Karen Wright create a market for skilled workers, invest in their communities, and offer products and services that enable…
Study
Profiles in Capitalism: The Role of the Business Leader in Public Affairs and Philanthropy
When Competitive Enterprise Institute (CEI) President Kent Lassman sat down to interview Ariel Corporation CEO Karen Wright at the CEI Summit in New Orleans in…
Blog
Shield Employers from COVID-19 Liabilities Created by Government
Now that government officials and business owners are planning for a “semi-normal” phase of post-quarantine reopening, the U.S. Chamber of Commerce’s recent “Implementing a National…
Blog
VIDEO: Cato Experts on Coronavirus and the Constitution
Recently three legal experts from the Cato Institute hosted a fascinating discussion of recent pandemic-related legal enactments, “Coronavirus and the Constitution.” Ilya Shapiro, Trevor Burrus,…
CNS News
COVID-19 May Be Bad News for Environmentalist Bullies
The economic destruction wrought by the coronavirus pandemic has been severe and global. More than 10 million Americans lost their jobs and applied for unemployment benefits in…
Blog
VIDEO: Road Map to Reopening
The U.S. Chamber of Commerce hosted a fascinating video conference this week entitled “Big Picture: Road Map to Reopening,” with the Chamber’s Suzanne Clark and…
Blog
Memo to BlackRock: Drop Activist Agenda, Focus on Recovery
Should large institutional investors find and support profitable firms or adopt the tactics of left-wing pressure groups to force companies into adopting a political agenda?…
Inside Sources
Post-Virus Economics – Working Toward a Small Business Recovery
When the stay-at-home orders are lifted, we’ll be in a race to get millions of Americans back to work. Large companies will be in a…
Blog
Robots Are Here to Make Your Job Safer and Cleaner
Positive stories about win-win results from the march of automation are everywhere in our economy, but they don’t get told and repeated enough. The workers…
Inside Sources
Post-Virus Economics — Working Toward a Small Business Recovery
When the stay-at-home orders are lifted, we’ll be in a race to get millions of Americans back to work. Large companies will be in a…
Blog
Retro Reviews: An Introduction
Political news and analysis always suffers from a recency bias—we tend to assume that the latest analysis and reportage is superior to what was posted…
Blog
VIDEO: Reforming Antitrust for Global Competitiveness
The Information Technology and Innovation Foundation recently hosted its latest virtual event, “Reforming Antitrust Policy for an Era of Global Competitiveness.” ITIF President Rob Atkinson…
Blog
Pandemic Economy: Toilet Paper Supplies Stretched, But Strong
American consumers, worried about the future of the coronavirus pandemic have continued to buy out available stocks of key products. However, temporary shortages are the…
Blog
Post-Corona Politics: Opportunities and Threats
There is a lot of attention being paid to the latest emergency legislation being proposed to address the coronavirus pandemic, from $1,000 checks for every…
Blog
Toilet Paper Economics: Emergency Capitalism Still Better Than Normal Socialism
There are quite a few hot takes circulating at the moment about how grocery stores temporarily running out of toilet paper amid the current coronavirus…
The Washington Examiner
AOC Spreads Disinformation to Push Socialism Amid Coronavirus Panic
The Washington Examiner cites Research Fellow Richard Morrison on AOC’s comparison of the Fed’s response to COVID-19 and student loan debt relief: The…
Fox News
AOC Criticized For ‘Inapt’ Comparison Between Fed’s Coronavirus Response And Student Loan Debt Relief
Fox News cites Senior Fellow Richard Morrison on Alexandria Ocasio-Cortez’s comments on the coronavirus: But according to Competitive Enterprise Institute fellow Richard Morrison, Ocasio-Cortez was…
The Washington Times
Applying the Lenten Season to the World of Politics and Government
February 26 marked the beginning of Lent, a penitential time of 40 days in the Christian calendar in which we reflect on our mortality and…
Blog
Sen. Toomey Defends Capitalism
This week Sen. Pat Toomey gave an excellent and much-needed speech at the Heritage Foundation on capitalism and its right-leaning critics. Toomey made clear that…
Blog
VIDEO: What Did “the Future” Hold for Public Policy in the 1980s?
The American Enterprise Institute has gone deep into its archives and posted dozens of old videos of roundtables and speeches going back, in some cases,…
Blog
Big-Mouth CEOs Less of a Threat than Crusading Politicians
Free-market advocates are understandably skeptical of “stakeholder” capitalism—the idea that corporate managers should focus not just on returns to shareholders, but on pleasing a potentially…
Blog
VIDEO: Trade Is Not a Four-Letter Word
Former Export-Import Bank Chairman Fred Hochberg recently made an appearance at the American Enterprise Institute to promote his new book, Trade Is Not a Four…
FEE
Was the New Deal Really a War on Free Enterprise? It’s Complicated
Cornell University historian Lawrence Glickman has mined an impressive volume of documents and diversity of sources in order to understand the meaning of a potent…
Blog
Two Cheers for Nikki Haley’s Defense of Capitalism
Former U.S. ambassador to the United Nations Nikki Haley has written a bold and, for the most part, very good op-ed on the future of…
Blog
“Scientocracy” Highlights Problematic Incentives in Government Research
Yesterday CEI put on an excellent event on science policy on Capitol Hill on the new book Scientocracy: The Tangled Web of Public Science and…
Blog
New Analysis on Tax and Regulatory Issues for Carsharing Companies
Our friend and Tech Policy Podcast host Ash Kazaryan recently recorded a fascinating interview with Reason Foundation Policy Analyst Spence Purnell on how Florida (and…
Blog
Sustainability Disclosures, Meant to Protect, Could Create Additional Risk for Investors
The Sustainability Accounting Standards Board (SASB) claims that it focuses on issues that are “financially material” to the companies they are assessing. But materiality is…
Blog
Exploring History of Black Entrepreneurs
Madam C.J. Walker founded and built a company specializing in hair care products that eventually made her a millionaire and international celebrity. Her army of…
Blog
VIDEO: Assessing Frédéric Bastiat’s Legacy
A new a three-part video series from the American Institute for Economic Research on Frédéric Bastiat's life and legacy is an excellent introduction to the…
Blog
New Poll Holds Some Surprises on Demographics and Politics in U.S.
Gallup has released a new poll about what kind of people Americans would be willing to support for president.
Blog
NBC/WSJ Poll: “Socialism” Not So Popular After All
NBC News and The Wall Street Journal just released a new poll that finds capitalism isn’t underwater with the American public just yet. Registered voters…
Blog
Economic Planning and Dead Mall Legends
The kind of American chain stores and retail formats that dominated the second half of the 20th century have fallen on hard times in the…
Blog
Are the Climate and Capitalism at War?
Many contemporary environmentalists share two important beliefs: a) that anthropogenic climate change is the biggest threat to the future of humanity and b) that a…
Blog
Dog Bites Man in Davos
J.P. Morgan Chase CEO Jamie Dimon recently said that “most state-owned enterprises don’t do a particularly good job.” The head of the world’s largest bank…
Blog
Brexit Update: Nigel Ashford and Iain Murray Offer Analysis
With the vote yesterday in the House of Commons to approve Prime Minister Boris Johnson’s plan for separating the United Kingdom from the European Union,…
Blog
Best Books of 2019: Alienated America by Tim Carney
Tim Carney’s new book on social alienation and U.S. politics, Alienated America: Why Some Places Thrive While Others Collapse, raises the bar for Trump-era political…
Blog
Weighing Bad Capitalism and Good Socialism
Recently economics professor Walter Block of Loyola University New Orleans wrote a great op-ed for The Wall Street Journal titled “Bad Capitalism and Good Socialism.”…
Blog
Best Books of 2019: The Enlightened Capitalists by James O’Toole
James O’Toole, a professor emeritus at the University of Southern California’s Marshall School of Business, has assembled an impressive collective history of dozens of innovative—and…
Blog
Corporate ‘Social Responsibility’ Must Be Voluntary, Not Mandated
The Bipartisan Policy Center (BPC) just wrapped an event on corporate governance titled “The Role of a Corporation: The Shareholder versus Stakeholder Debate,” and it…
Cato Journal
Review of “The Enlightened Capitalists”
James O’Toole, a professor emeritus at the University of Southern California’s Marshall School of Business, has assembled an impressive collective history of dozens of innovative—and…
Blog
VIDEO: Growth and Opportunity in the Beehive State
I’ve been interested in the work at the Center for Growth and Opportunity (CGO) at Utah State University for some time now, and I was…
Blog
VIDEO: How to Build a Political System to Protect Liberty
Our friends at Learn Liberty have started releasing new videos again, and we couldn’t be more excited. One of the most recent, “3 Different Ways…
Blog
VIDEO: How Does the Trade War Hurt You?
Our friends over at the Cato Institute are known for their excellent free-market analysis, in particular on hot button issues like trade. They recently released…
Blog
More Shields and Fewer Swords in Realm of Federal Regulation
Yesterday the New Civil Liberties Alliance (NCLA) held a fascinating event on one of their marquee cases, Baldwin v. United States (read more in my…
Blog
Software Solutions for Regulatory Reform?
On Friday, the C. Boyden Gray Center for the Study of the Administrative State held a fascinating conference, “The Administration of Democracy,” which covered issues…
Blog
VIDEO: Life Is Getting Better
Despite prominent headlines to the contrary, the world is not actually falling apart. As our friends at places like Human Progress tirelessly work to remind…
Blog
New Civil Liberties Alliance Fighting for Constitutional Limits on Government Power
Thanks to the New Civil Liberties Alliance for hosting a great event this week, during which their staff attorneys recounted the status of some of…
Blog
VIDEO: Prosperity Is More Than Wages
In a new video for the PolicyEd channel, economist Russ Roberts takes on the popular—though misleading—narrative that ordinary working Americans haven’t made any real economic…
Blog
Policy Circle 4th Annual Leadership Summit Coming to Chicago
There are a lot of useful conferences, meetings, and conventions that fill our calendars, and one that we're especially looking forward to this year is the Policy Circle’s…
Blog
Welfare for Billionaires: Stadium Subsidies Are Pure Cronyism
Our old friend (and former Competitive Enterprise Institute journalism fellow) Tim Carney is doing excellent work at the American Enterprise Institute these days, where he…
Blog
When Did Conservatives Stop Loving a Free Economy?
National Review contributor and rage-inducing controversialist Kevin Williamson has a new book out, “The Smallest Minority: Independent Thinking in the Age of Mob Politics,” which…
Blog
Business Roundtable Restates Obvious: Stakeholders Matter (and Always Have)
There’s a flurry of news coverage this morning about the Business Roundtable releasing a new public statement on “the purpose of a corporation.” Whereas previous…
Blog
VIDEO: Why Beer Sucks in Socialist Countries
The trend of younger voters allegedly becoming more favorable to socialism has alarmed and chagrined many observers recently, from members of the New York Post…
Blog
VIDEO: Where the Regulatory State Came From
Our friends at the Pacific Legal Foundation have a funny and insightful explainer video on the historical development of the regulatory state (also known as…
Blog
Limits of ‘Soft Law’ Approach to Tech Regulation
Can the regulation of new technology be voluntary and non-coercive? In a recent op-ed for The Hill, Mercatus Center law and technology analyst Jennifer Huddleston…
Blog
VIDEO: Green New Deal’s Bad Science
This week the Competitive Enterprise Institute released a new study by CEI President Kent Lassman and Power the Future Executive Director Daniel Turner on the costs of the…
Blog
VIDEO: Financial Services for Everyone
Our friends at the Cato Institute recently hosted an excellent discussion on financial opportunity and inclusion titled “How Credit Is Reaching Underserved Communities,” featuring an…
Blog
The Middle Class Crisis That Wasn’t
Recently billionaire philanthropist Eli Broad calls for a wealth tax in The New York Times and fellow billionaire Ken Fisher responded in USA Today with a…
Blog
VIDEO: Break up the Antitrust Attack on Big Tech
The Information Technology & Innovation Foundation hosted an interesting policy discussion on antitrust this week titled “Breaking Up Big Tech: Making Sense of the Debate.”…
Blog
Who Does More Damage to a Free Economy: Socialists or Cronyists?
Our friend Matt Mitchell of the Mercatus Center has a fascinating new article at Reason on how businesspeople feel about government favors and privileges. It…
Blog
CEI Annual Dinner 2019: Rebecca Dunn
The videos and transcripts are in from the the Competitive Enterprise Institute’s 35th Anniversary Dinner and Reception. One of the most moving moments of the evening was…
Blog
CEI Annual Dinner 2019: Dave Barry
We here at the Competitive Enterprise Institute were excited when the funny and insightful writer Dave Barry agreed to deliver the keynote address at our 35th Anniversary…
Blog
CEI Annual Dinner 2019: Johan Norberg
It’s been a couple of weeks since the success of the Competitive Enterprise Institute’s 35th Anniversary Dinner and Reception, and I’m happy to finally be able…
Blog
CEI Annual Dinner 2019: Kent Lassman
All of the media content from the Competitive Enterprise Institute’s 35th Anniversary Dinner and Reception last month is now available, including remarks from Master of Ceremonies Katherine Mangu-Ward,…
Blog
CEI Annual Dinner 2019: Katherine Mangu-Ward
We’re still thanking everyone who supported, sponsored, and attended the Competitive Enterprise Institute’s 35th Anniversary Dinner and Reception last month. One of the superstars of the…
Blog
Free Trade Needs Louder Cheerleaders
There’s a new RealClear Opinion Research poll out, and it shows a disappointing lack of support for free markets and trade. RealClear found that only…
Blog
VIDEO: Learning the Lessons of Tariffs and Trade
Our friends at the Adam Smith Society—the Manhattan Institute’s professional association for business students—have hosted some excellent events and presentations over the past few years,…
Blog
Resources for Making the Case against Carbon Taxes
Thanks to everyone here in Washington, D.C. who was able to attend the Competitive Enterprise Institute’s most recent Capitol Hill briefing, The Case Against Carbon Taxes. We hope that…
Blog
A Vision for Freedom: CEI’s 35th Anniversary
At the Competitive Enterprise Institute this week we’re still reflecting on the success of last Thursday’s 35th anniversary dinner and gala, and thanking our friends…
Blog
Search for the Hand: 2019 CEI Dinner Movie
Last night was the Competitive Enterprise Institute’s 35th anniversary dinner and gala here in Washington, D.C., and a crowd of several hundred friends and supporters…
Blog
For Better Policy, Congress Should Stop Punting to Executive Agencies
Yesterday the Federalist Society’s Regulatory Transparency Project and Article I Initiative hosted a fascinating panel discussion here in Washington, D.C. about the dynamic relationship between…
Blog
VIDEO: How to Become a Federal Criminal
Have you ever made an unreasonable gesture to a passing horse in a national park? If so, you are already a federal criminal. For the…
Blog
This Summer, Celebrate Lemonade Freedom
There is good news for young entrepreneurs coming out of the Lone Star State, as Texas Gov. Greg Abbott (R) recently signed a bill allowing…
Blog
VIDEO: Free Trade for Economic Development in Developing World
The Cato Institute here in Washington, D.C. recently sponsored a discussion of trade and economic development, emphasizing the role that robust trade has in raising…
Blog
Corporate ‘Power’ Is Limited and Temporary—Government Power Is the Real Threat
An Axios article today examines for-profit companies taking public positions on controversial political issues, carrying the headline “When companies act like governments.” Reporter Erica Pandey…
Blog
VIDEO: Just Say No to a Carbon Tax
The Competitive Enterprise Institute has a new video out today featuring Senior Fellow Marlo Lewis which explains why adopting a carbon tax in the United…
Blog
This Month, Take Pride in Abundance and Opportunities of Capitalism
June is Pride Month, when gay, lesbian, bisexual, transgender, and other not-straight people celebrate with a variety of events, including activism, parades, and concerts. As…
Blog
VIDEO: Ending Police Harassment of Small Business in India
Our friends at the Atlas Network have an excellent new video out about legal reform in India that is helping small businesspeople stand up to…
Blog
Corporate Virtue in Eye of Beholder
The main impression I’ve gotten from much recent reporting on the ethical behavior and social responsibility of business is that its value depends greatly on…
Blog
VIDEO: What Is the ‘Social Responsibility’ of Business?
Recently I was in the audience for an interesting panel discussion, hosted by the Federalist Society, on corporate social responsibility. Should corporate managers only work…
Blog
Chain Stores Are Part of Civil Society Too
I recently reviewed the book “Alienated America” by Washington Examiner editor Timothy Carney, and I’d like to return to one of the observations he made…
Blog
REVIEW: ‘Honorable Business’ by Prof. James Otteson
I wrote up some initial impressions about the new book on business ethics, “Honorable Business: A Framework for Business in a Just and Humane Society,”…
Blog
VIDEO: Cheers to Food Truck Freedom
Congratulations to mobile food vendors Benny Diaz and Brian Peffer—and their attorneys at the Institute for Justice—for scoring a victory for freedom of food commerce…
Blog
VIDEO: Report Card on Regulatory Reform
Earlier this week I had the good fortune to spend some time at the historic Mayflower hotel here in Washington, D.C. attending the Federalist Society’s 7th…
Blog
VIDEO: Government Should Not Regulate Social Media Content
Trends in social media have rocketed to the top of the national political agenda recently, whether in the desire of Sen. Elizabeth Warren (D-MA) to…