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OpenMarket: Morality of Capitalism

  • Best Books of 2019: The Enlightened Capitalists by James O’Toole

    December 24, 2019
    James O’Toole, a professor emeritus at the University of Southern California’s Marshall School of Business, has assembled an impressive collective history of dozens of innovative—and even visionary—business leaders in his new book, "The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good."
  • Best Books of 2019: The Anarchy by William Dalrymple

    December 20, 2019
    How did a joint stock company founded in Elizabethan England come to replace the glorious Mughal Empire of India, ruling that great land for a hundred years? William Dalrymple’s splendid history, The Anarchy, tells that story—and purports to warn us about the perils of corporate power.
  • Best Books of 2019: The Narrow Corridor

    December 19, 2019
    Predatory governments with high corruption, that don’t respect political and economic freedoms, are extractive. Countries with these sorts of institutions tend to be both poor and repressive. Countries with inclusive institutions, such as strong property rights, democratic accountability, and the rule of law, tend to be both wealthy and free.
  • Corporate 'Social Responsibility' Must Be Voluntary, Not Mandated

    November 19, 2019
    The Bipartisan Policy Center (BPC) just wrapped an event on corporate governance titled “The Role of a Corporation: The Shareholder versus Stakeholder Debate,” and it covered some interesting territory. BPC president Jason Grumet led a discussion with former Securities and Exchange Commission members Dan Gallagher and Roel Campos.
  • VIDEO: Life Is Getting Better

    September 27, 2019
    Despite prominent headlines to the contrary, the world is not actually falling apart. As our friends at places like Human Progress tirelessly work to remind us, global trends on everything from war and famine to longevity and literacy are looking good.
  • VIDEO: Prosperity Is More Than Wages

    September 20, 2019
    In a new video for the PolicyEd channel, economist Russ Roberts takes on the popular—though misleading—narrative that ordinary working Americans haven’t made any real economic progress in the last generation or so.
  • Policy Circle 4th Annual Leadership Summit Coming to Chicago

    September 12, 2019
    There are a lot of useful conferences, meetings, and conventions that fill our calendars, and one that we're especially looking forward to this year is the Policy Circle’s 4th Annual Leadership Summit in Chicago. The Policy Circle is a non-profit organization committed to advancing women’s leadership through expanding knowledge of public policy, and they've got some excellent speakers lined up.
  • Study on Export-Import Bank: Repeal Is Best, Other Reforms Can Help

    September 10, 2019
    The Export-Import Bank is up for reauthorization by September 30. It should be shut down, as I’ve pointed out before, but reauthorization will almost certainly pass. Ex-Im was either shut down or sharply limited for nearly five years, from October 2014 until May of this year.
  • Welfare for Billionaires: Stadium Subsidies Are Pure Cronyism

    September 6, 2019
    Our old friend (and former Competitive Enterprise Institute journalism fellow) Tim Carney is doing excellent work at the American Enterprise Institute these days, where he is shining a light on the huge costs and breathtaking unfairness of corrupt government handouts to private parties—what we call cronyism.
  • David Koch (1940-2019), R.I.P.

    August 23, 2019
    Friend, philanthropist, inventor, and industrialist David Koch has died at the age of 79.  He was a father and husband. Known best for his pro-liberty activism and involvement in national politics, he also improved countless lives with more than a billion dollars in philanthropic donations to artistic, cultural, and medical charities. His generosity, optimism, and commitment to a freer world will continue to bear fruit for many generations.

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