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OpenMarket: Center for Advancing Capitalism

  • There Is No Such Thing as "Safe"

    May 29, 2020
    Iain Murray has a great essay up at Law & Liberty today on why some groups of Americans are perceiving quarantine policies so differently from others. The reason is largely because different Americans have different value hierarchies—they prioritize different values when it comes to public policy.
  • Lean on Business Leaders to Defend Markets

    May 22, 2020
    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 political environment—limited government and a market economy—that makes their own success in business possible.
  • Retro Reviews: Common Sense Political Economy

    May 20, 2020
    ​​​​​​​This review of Philip Henry Wicksteed’s 1910 textbook The Common Sense of Political Economy was originally published at Inertia Wins. Wicksteed was a leading economic writer of his day, but also an intellectual of wide-ranging interests and a Unitarian minister.
  • Retro Review: Irving Kristol's "Two Cheers for Capitalism"

    May 13, 2020
    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 1978 book Two Cheers for Capitalism addresses the issues of the day and makes conservative arguments about how people will be dissatisfied with any society that delivers material prosperity but seems to lack a higher meaning.
  • New Profile in Capitalism: Ariel Corporation CEO Karen Wright

    May 5, 2020
    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 leading maker of natural gas compressors. Leading this successful American manufacturing company since 2001, she has carved out a role as an advocate for her industry and her convictions.
  • Shield Employers from COVID-19 Liabilities Created by Government

    April 30, 2020
    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 Return to Work Plan” letter to members outlines several legal and regulatory issues the organization believes need to be addressed by policy makers.
  • VIDEO: Cato Experts on Coronavirus and the Constitution

    April 23, 2020
    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, and Walter Olson addressed recent moves from local, state, and federal officials, comparing them to similar policies in previous public health emergencies, reaching all the way back to the 18th century.
  • Retro Review: Vlad Tarko’s Biography of Elinor Ostrom

    April 23, 2020
    Elinor Ostrom’s pioneering work on “polycentrism,” the existence of multiple sources of government authority or power within a single political system, is especially relevant during the current coronavirus pandemic, in which we wrestle with the respective roles and responsibilities we expect from mayors, governors, federal officials, and international bodies like the World Health Organization.
  • VIDEO: Road Map to Reopening

    April 16, 2020
    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 Dr. William Hanage, an infectious disease epidemiologist at Harvard’s Chan School of Public Health. The event offered some useful observations beyond “more research is needed.”
  • Memo to BlackRock: Drop Activist Agenda, Focus on Recovery

    April 15, 2020
    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? That’s the issue at the heart of a new open letter to BlackRock CEO Larry Fink that takes the firm’s to task for its announced investment guidelines, which would put goals like climate activism ahead of shareholder returns.

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