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OpenMarket: Morality of Capitalism

  • Americans Optimistic about Role of Tech and Platforms

    April 12, 2019
    At a time when big tech companies are being attacked over bigness, privacy, elections, and the ordering of their news feeds, the Charles Koch Institute has some good news. While we all have plenty of complaints, Americans also have a lot of good things to say about the platforms, websites, and apps that they use every day.
  • REVIEW: 'Alienated America' by Timothy P. Carney

    April 5, 2019
    Tim Carney’s new book on social alienation and U.S. politics, “Alienated America: Why Some Places Thrive While Others Collapse,” raises the bar for Trump-era political analysis. Building on recent research on economics and civic life from various sources, Carney presents an incisive analysis of The Donald’s 2016 campaign that redefines who supported the 45th president and why.
  • Sharing Economy Is Opposite of Servant Economy

    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.
  • VIDEO: What Do Entrepreneurs Actually Do?

    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. 
  • VIDEO: Building a Living on eBay

    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.
  • VIDEO: Deirdre McCloskey on "Bourgeois Dignity"

    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.
  • VIDEO: Gig Economy Is Here to Stay

    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. 
  • Tim Carney on 'Alienated America'

    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.”  
  • Economics of Green New Deal: More Red Than Green

    February 14, 2019
    My colleagues have written elsewhere about the energy and environmental components of the “Green New Deal” proposals that have been enthusiastically agreed to by most declared Democrat candidates for the presidency and which are about to be debated in the Senate. In this post I will take a brief look at the “social justice” components of the proposed Deal, which cover issues such as monetary theory and labor and employment policy.
  • Ominous Parallels: Were AOC and LaRouche Secretly Working Together?

    February 13, 2019
    It seems like an odd coincidence that legendary American political cult figure Lyndon LaRouche would pass away the same week that the Green New Deal resolution from Rep. Alexandria Ocasio-Cortez (D-NY) was attracting so much national attention. Yet, on at least this issue, LaRouche and Ocasio-Cortez have more in common than most people realize.

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