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…
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,…