April 4, 2019
In a bleak take on the sharing economy, Atlantic writer Alexis C. Madrigal says it has created a “servant economy,” where sharing economy platforms provide “low-paying work that deliver on-demand servant services to rich people.” He likens this to the domestic service prevalent before the Second World War. This take gets things almost completely backwards.
April 2, 2019
Facebook founder Mark Zuckerberg’s motto used to be “Move fast and break things.” Now that his company is under increased political scrutiny—and facing calls for breakup from both right and left—he has changed his tune to “move slowly and establish rules.”
March 29, 2019
Our friends at the Foundation for Economic Education have a new video that gives a great short introduction to entrepreneuship, and what businesspeople actually do when they start a new venture.
March 22, 2019
At a time when socialism seems determined to crawl back from the dustbin of history, it can be a challenge defending the moral legitimacy—and humanity—of a capitalist economy. Efforts like that of my colleagues Fred Smith and Ryan Young are certainly welcome, as is new research from academics like Prof. James Otteson. It’s especially nice, however, to also see individual businesspeople telling their own stories of hard work and success.
March 13, 2019
With major political figures proposing the forced breakup of some of the nation’s most successful companies, the once-arcane field of antitrust law is now at the top of the national conversation. A new video from the Competitive Enterprise Institute walks viewers through the history of economic monopolies and trustbusting and exposes the flawed logic underlying most calls for antitrust enforcement.
March 8, 2019
Given that it is International Women’s Day and almost CEI’s 35th anniversary, today is an excellent day to celebrate the impressive legacy of economist (and winner of CEI’s Julian Simon Award) Deirdre McCloskey. An impressive multi-disciplinarian who taught at the University of Illinois in the departments of economics, history, English, and communication, she is best known today for her trilogy of books on the “the bourgeois virtues” and how those virtues made global capitalism (and eventually, global prosperity) possible.
March 6, 2019
The deterioration of the principle of separation of powers is a signature feature of the powerful federal Administrative State. This corrosion is accompanied by a loss of federalism and enfeeblement of the constitutional authority of the states.
March 1, 2019
Our friends at the Federalist Society are back with a new video on the gig economy, “Here to Stay: The Modern World of Hospitality,” examining how short-term housing rentals, like those found on Airbnb, should be treated by regulators.
February 19, 2019
From classical liberal and individual rights perspectives, the administrative state is an affront to liberty almost by definition.
February 15, 2019
Our old friend (and former CEI Warren Brookes Journalism Fellow) Tim Carney has a new book out, “Alienated America: Why Some Places Thrive While Others Collapse,” and the American Enterprise Institute recently hosted a public discussion to examine its “findings and claims.”