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OpenMarket: Center for Advancing Capitalism

  • Retro Review: The Year Civilization Collapsed

    April 6, 2020
    This review of Eric H. Cline’s 1177 B.C.: The Year Civilization Collapsed, was originally published at Inertia Wins. Despite covering events in the ancient past, Cline’s analysis is especially relevant to the present-day coronavirus response and the importance of supply chain diversity.
  • Retro Reviews: An Introduction

    April 6, 2020
    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 yesterday, or last year. With that in mind, CEI is launching a new blog series called “Retro Reviews.” We’ll take a look back at the important writing of previous years (and decades) and do our best to extract the wisdom contained therein.
  • Pandemic Economy: Toilet Paper Supplies Stretched, But Strong

    March 26, 2020
    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 exception that proves the rule: the American consumer economy is doing an extremely good job under extraordinary stress, and we have a decentralized market economy to thank for that.
  • Sen. Toomey Defends Capitalism

    March 12, 2020
    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 he anti-market measures promoted by self-described nationalists and populists would be a failure if enacted.
  • VIDEO: What Did “the Future” Hold for Public Policy in the 1980s?

    March 9, 2020
    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, over 40 years. Given the unfair advantage of hindsight, it is fascinating to see which ideas were vindicated and which have been refuted by subsequent events.
  • VIDEO: Trade Is Not a Four-Letter Word

    February 28, 2020
    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 Letter Word: How Six Everyday Products Make the Case for Trade. Readers who are familiar with CEI’s position on Ex-Im will know we are not fans of its operations (or existence), but we are fans of international trade, so we were eager to hear what Hochberg had to say. Hochberg made a case for the advantages of open trade, using six different products to tell his story.
  • "Scientocracy" Highlights Problematic Incentives in Government Research

    February 25, 2020
    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 Public Policy. The quick take is that government-funded and government-endorsed science is subject to at least as many problematic and confounding issues as any research funded by a profit-seeking corporation. The argument is not that science isn’t important enough for the government to become involved, it’s that it is too important to let the perverse incentives of political control hold it back.
  • New Analysis on Tax and Regulatory Issues for Carsharing Companies

    February 21, 2020
    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 some other states) are regulating platform economy firms, in particular carsharing services like Turo.
  • Sustainability Disclosures, Meant to Protect, Could Create Additional Risk for Investors

    February 21, 2020
    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 in the eye of the beholder. Critics of the SASB would say that very few, if any, investors actually care about many of the detailed sustainability topics that companies are supposed to provide disclosures on. Instead, many of the topics line up better with the agendas of left-wing advocacy groups who are hostile to market economies in general.
  • Exploring History of Black Entrepreneurs

    February 20, 2020
    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 mostly female sales representatives covered the United States and Caribbean and Latin American territories decades before Mary Kay distributors started driving their pink Cadillacs on American highways.

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