Blog
BlackRock’s Larry Fink: Fight COVID with Climate Activism
Larry Fink, CEO of mega asset management firm BlackRock, has released his annual pair of letters—one to the CEOs of companies that BlackRock holds…
Blog
Gensler Agenda at SEC Bears Close Watching
President Biden has chosen former head of the Commodity Futures Trading Commission Gary Gensler as his nominee to be chair of the Securities and Exchange…
Forbes
Who Is Gary Gensler, Biden’s Pick To Run The SEC?
Forbes cites Research Fellow Richard Morrison on President Biden’s choice of Gary Gensler as chairman of the Securities and Exchange Commission: Richard Morrison,…
The Epoch Times
Biden Picks Warren Allies to Head Financial Sector Oversight Agencies, SEC, and CFPB
The Epoch Times cites Research Fellow Richard Morrison on Biden’s policy proposal for the SEC: Some conservatives have expressed reservation. Richard Morrison,…
News Release
Biden’s SEC Pick Should Focus on Commission’s Core Mission, Not Political Causes: CEI Experts
President-elect Biden is reportedly set to select Gary Gensler to head the Securities and Exchange Commission. Gensler is a current MIT professor who previously served…
The Washington Post
Biden Likely To Tap Gary Gensler To Lead SEC, But The Decision Isn’t Final
The Washington Post cites Research Fellow Richard Morrison on SEC reporting standards: Those efforts may already be in the crosshairs. Richard Morrison,…
Law & Liberty
Who Will Control Corporations?
Milton Friedman taught us that corporate managers should focus on profitable operations and building shareholder value, while enlightened globalists like World Economic Forum founder Klaus…
The American Spectator
Money Isn’t Ruining Christmas
ost of us love the idea of a snow-filled white Christmas, but secretly dread the accompanying blizzard of commentary about how we ruin the season…
National Review
Team Biden: Full Steam Ahead on Politicized Investing
Politicized investing, especially of the “environmental, social, and governance” (ESG) variety, has experienced some regulatory pushback during the last year, but the incoming Biden administration is…
Blog
Biden Team Expected to Take Hatchet to Pension Protection Rule
The Department of Labor, under the leadership of Secretary Eugene Scalia, implemented an important (though widely misunderstood) rule this year, regarding how federally regulated pension…
Blog
Retro Review: The Communist Manifesto (1848)
The manifesto of the Communist party, written by Karl Marx and Friedrich Engels in 1847 and first published the next year, has a legendary pair…
National Review
Biden Brain Trust: Forget the Billionaires, Guillotine the Corporations
Buried beneath the laundry pile of new left-wing regulations the Biden administration hopes to push is a previously obscure idea whose time may, regrettably, have come:…
Blog
Millennials, Gen Z Optimistic about Hard Work Leading to Prosperity
The Walton Family Foundation released an interesting survey recently that found that Generation Z (ages 13–23) and Millennial (ages 24–39) Americans are more optimistic…
Blog
High CEO Pay Isn’t Making Anyone Poor
While most American are still following the final vote counts in the 2020 presidential election, many lower-profile, but still important, issues have been decided at…
The American Spectator
Woke Investing and Management Strategies Threaten the Future of American Free Enterprise
The enlightened titans of the business world, from Davos, Switzerland, to New York, San Francisco, and beyond, are full of suggestions for how commerce and…
National Review
A Useful Pandemic: Davos Launches New ‘Reset,’ this Time on the Back of COVID
National Review cites Research Fellow Richard Morrison on the Great Reset and claims made by Klaus Schwab: In a recent article (skillfully …
Blog
Boeing Declines to Blackmail Washington Taxpayers, Threatened by Governor in Return
Boeing recently announced plans to consolidate all production of its 787 Dreamliner jet, moving some existing work from the company’s traditional home in Washington…
National Review
Davos Chief’s Call for Higher Taxes, More Regulation Would Mean Less Prosperity
Klaus Schwab, the founder of the World Economic Forum, which famously meets every year in Davos, Switzerland, is advising a “Great Reset” of economic policy…
Blog
Pension Managers Must Focus on Retiree Security, Not Politics
A new proposed rule from the Department of Labor on pension funds would clarify the responsibilities of pension fund fiduciaries covered under the Employee Retirement…
Comment
Comment on Employee Benefits Security Administration Proposed Rule “Fiduciary Duties Regarding Proxy Voting and Shareholder Rights”
Blog
CEI Event with Hester Peirce and Paul Atkins: ESG, Crypto, and other SEC Hot Topics
Yesterday, in the most recent installment of the Competitive Enterprise Institute’s “Repeal for Resilience” event series, CEI President Kent Lassman welcomed Securities and Exchange Commission…
Blog
Climate Cronyism: Big Businesses Tailor Policy to Benefit Themselves
A shorter version of this post was published as an op-ed in the Washington Examiner last week. The Business Roundtable (BRT), an association of…
National Review
Can We Afford to Let Left-Wing Activists Ignore Their Social Responsibilities?
The New York Times has observed the 50th anniversary of Milton Friedman’s famous article “The Social Responsibility of Business Is to Increase…
Washington Examiner
Climate change cronyism: Big businesses tailor policy to benefit themselves at your cost
An association of CEOs of large, U.S.-based corporations has joined the global warming bandwagon, releasing a new policy document, “Addressing Climate…
The Washington Examiner
Climate Change Cronyism: Big Businesses Tailor Policy to Benefit Themselves at Your Cost
An association of CEOs of large, U.S.-based corporations has joined the global warming bandwagon, releasing a new policy document, “Addressing Climate…
Blog
Do We Want Corporations to Be Society’s Moral Referees?
The New York Times is observing the 50th anniversary of Milton Friedman’s famous article “The Social Responsibility of Business Is to Increase Its Profits”…
Blog
Socialism, Nationalism, and Political Control: Iain Murray on The Remnant
My colleague Iain Murray had a fascinating conversation this week with The Remnant’s Jonah Goldberg about his excellent new book, The Socialist Temptation.
Blog
Good Vibes for Sale: The Business of Cultural Innovation
The current issue of Harvard Business Review has a fascinating article by former business school professor and brand consultant Douglas Holt. He advises…
Blog
ESG Mission Creep Could Lead to Serious Legal, Market Risks for Companies
An increasing number of U.S. corporations are signaling their commitment to corporate social responsibility by integrating environmental, social, and governance (ESG) issues into their operations…
Blog
Good Vibes for Sale: The Business of Cultural Innovation
The current issue of Harvard Business Review has a fascinating article by former business school professor and brand consultant Douglas Holt. He advises companies looking to innovate successfully…
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…
Blog
Don’t Let Feds Become Investing’s Sheriff of Nottingham
Investing company Robinhood and its signature smartphone app have taken off in popularity in the last several months. According to Bloomberg, Robinhood has “catapulted ahead…
National Review
Let a Thousand ESG Certifiers Bloom
The business world has recently seen a dramatic increase in the vogue for “socially responsible” rules of behavior. Companies are encouraged to make environmental, social, and…
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…