Blog
Happy 300th Birthday, Adam Smith
Our friends at National Review have created a fascinating publication series to celebrate the 300th anniversary of the birth of Adam Smith, legendary…
Blog
Shrinkflation, Slack-filling, and the Real Effects of Inflation
The Washington Post’s Laura Reiley recently raised an alarm, with a St. Valentine’s Day theme, on a consumer merchandising trend called “slack-filling.” She noted…
Blog
Free the Economy Episode 8: Crypto and ESG with Jennifer Schulp
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the cultural impact of Super Bowl ads,…
Blog
Are Americans Investing for Retirement or Politics?
Being able to save enough during our working lives to fund a comfortable retirement is a top concern for most American households, especially since…
Blog
Free the Economy Episode 7: Economics for Everybody with Ryan Young
Welcome back to the Free the Economy podcast. In this week’s episode we talk about Adam Millsap’s proposal to encourage abundance with…
Blog
Busting the Myth of Overpopulation
Recently PragerU released a new video on “The Myth of Overpopulation,” featuring the Cato Institute’s Marian Tupy. Marian (also the editor of HumanProgress.org)…
Blog
Free the Economy Episode 6: The Cultural Impact of YouTube with Javier Hernandez
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the myth of overpopulation, the problem with…
Blog
Avoiding Passive Income Scams
Recently, on episode three of the Free the Economy podcast (about 5:30 in), we discussed the promise and perils of “passive income” investments. On…
Blog
Free the Economy Episode 5: Corporate Purpose and ESG with Russ Greene
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the economic and cultural impact of YouTube,…
Blog
Free the Economy Episode 4: Entrepreneurship and Equality with Alfredo Ortiz
Thanks to everyone for listening to and sharing the Competitive Enterprise Institute’s new podcast, Free the Economy. If you like the show, please leave…
Blog
Free the Economy Episode 3: Washington’s 10,000 Commandments
Thanks to everyone for listening to the first two episodes of the Competitive Enterprise Institute’s new podcast, Free the Economy. We’ve got more great…
Blog
Free the Economy Episode 2: Defending the American Dream
Thanks to everyone who listened to the inaugural episode of the new Competitive Enterprise Institute podcast Free the Economy in December. We covered stagnating wages,…
Blog
Free the Economy Episode 1: Deregulating Abundance
Free the Economy is a new podcast from the Competitive Enterprise Institute focused on how we all can become happier, healthier, and wealthier in a…
Blog
Living in Capitalism: The Fat of the Land
Some of capitalism’s critics like to depict a market economy as a ruthless system in which making a living and paying expenses is inherently (or…
Blog
New Angles on Finance and Faith
I recently had the pleasure of making my way down to Lynchburg, Virginia, to the campus of Liberty University to attend the Networking the…
Blog
Seizing the Ecomodernist Moment
I recently had the good fortune to attend Ecomodernism 2022, a conference hosted in northern Virginia by the Breakthrough Institute. The theme was “Deregulating…
Blog
Jason Feifer on Managing Change in Life and Society
I recently wrote a review of Build for Tomorrow, the new book from Entrepreneur magazine editor-in-chief Jason Feifer. The book is a…
Blog
No, We Don’t Need Federal Licenses for Big Tech
In the wake of congressional testimony by former Twitter security chief Peiter Zatko, Sen. Lindsey Graham (R-SC) has suggested that he will partner with…
Blog
SEC Attempts to Regulate Indefinable “ESG” Topics
Today is the filing deadline for public comments on a new Securities and Exchange Commission (SEC) proposed rule titled “Investment Company Names.” This proposal…
Blog
Net Zero, Joe Manchin, and High Energy Prices
This morning National Review published my article expressing skepticism that the advance of “net-zero” climate policy is inevitable (or even likely). It was written…
Blog
SEC Climate Rule a Bad Deal for Investors
This Securities and Exchange Commission proposed a new rule on climate change and corporate disclosure earlier this year, and today marks the end…
Blog
Environmental and Social Factors in Investing too Vague for Legal Definitions
Recently, Securities and Exchange Commission (SEC) chairman Gary Gensler released a video explaining his concerns about investment products that market themselves using terms like…
Blog
Protecting Pensions from Politicized Mismanagement
Recently the American Legislative Exchange Council (ALEC), an organization of state legislators from across the country, unveiled model legislation aimed at protecting the retirement…
Blog
Members of Congress Push Back on SEC Climate Proposal
Skeptical members of Congress have begun weighing in on the Securities and Exchange Commission’s (SEC) recent climate disclosure proposal, and their objections are significant.
Blog
Rep. Van Duyne Confronts Excesses of Climate Policy at SEC
Last week Rep. Beth Van Duyne (R-TX) and a dozen co-sponsors introduced the Stopping Excessive Climate Reporting Act (H.R.7355) to prevent the Securities and Exchange…
Blog
Bipartisan Policy Center Highlights Concerns with SEC Climate Disclosure Rule
This week the Bipartisan Policy Center (BPC) hosted an event titled “Corporations and Climate: Potential Impacts of the SEC’s Proposed New Rule” on an…
Blog
Recycle Your Work 2: Content Is All Around You
Earlier this week I wrote a blog post about recycling work—using the effort from one project to produce more output in another format. I…
Blog
D.C. Policy Strategy: Recycle Your Work for Maximum Impact
Last week I gave an informal presentation to a group of my colleagues about recycling—not the plastic and cardboard variety, but the work product kind.
Blog
Climate Overreach at the SEC: What Comes Next
The Securities and Exchange Commission (SEC) today voted to recommend new proposed rules by which public companies would be required to disclose additional information about…
Blog
New Climate Disclosure Rule Coming Soon from SEC
The Securities and Exchange Commission (SEC) will soon release a new proposed rule that will likely require climate change disclosures by public companies. Douglas MacMillan…
Blog
Comments on Department of Labor Pension ESG Rule
At the end of last year, the Department of Labor (DOL) published a notice of proposed rulemaking seeking to rewrite rules on pension fund…
Blog
Larry Fink and BlackRock Pulling Back on “Woke” Investing?
Larry Fink and his team at BlackRock seem to have heard the growing roar of opposition to politicized investing that is emerging in the United…
Blog
Which Classic Books Deserve a Retro Review in 2022?
Every year, there’s a tsunami of new books about economics, politics, and public policy that are full of hot takes and policy recommendations. In any…
Blog
Edmans, Soukup, and Devine: 2021 Book Review Roundup
We saw some great books on economics and politics published over the past year, and some excellent book reviews. Just this week, my colleague Ryan…
Blog
Review of Vivek Ramaswamy’s Woke, Inc.
Vivek Ramaswamy—pharmaceutical entrepreneur, son of immigrants, Yale Law grad, Hindu, and political conservative—is a capitalist with a lot of strong criticism for big business today.
Blog
The Challenges of ESG Investing in Space
Last month, I had the opportunity to participate in a panel discussion on the future of environmental, social, and governance (ESG) investing in the…
Blog
Can Pensions Be Saved from Political Mismanagement?
The Department of Labor is currently working on a new rule that would give pension fund managers greater leeway in considering non-financial criteria when…
Blog
New Analysis on ESG Investing: Friedman, Edmans, and Materiality
At times it seems like public events on environmental, social, and governance (ESG) investing are a dime a dozen; some think tank, consulting firm, or…
Blog
Public Interest Groups Challenge Nasdaq Diversity Rule in Federal Court
Back in August, I wrote about the new board diversity requirements on Nasdaq-listed companies that had been approved by the Securities and Exchange…
Blog
Retro Review: The Social Responsibilities of Business (1970)
The Biblical book of Ecclesiastes reminds us that “there is no new thing under the sun.” Even centuries before the modern era, our ancestors…
Blog
Federalist Society Experts Duel on Climate Risks and Regulation
Earlier this week, the Federalist Society presented a panel discussion titled “Corporate Social Responsibility, Investment Strategy, and Liability Risks” that addressed some important issues…
Blog
Capitalism and Corporations: Respect Stakeholders, But Follow the Law
Last week the Law & Economics Center at George Mason University hosted a fascinating event here in Washington, D.C. on the debate over shareholder…
Blog
Nasdaq’s Board Diversity Rule Still a Mistake
On Friday the Securities and Exchange Commission (SEC) approved a new rule from Nasdaq that will require firms listed on that exchange to comply…
Blog
Do We All Deserve a Share of the World’s Natural Resources?
In early July I wrote an op-ed for Inside Sources, which was subsequently picked up by several newspapers, on why the United States should…
Blog
Reviewing SEC Climate Disclosure Comments
Earlier this week, I wrote a short summary of the comments from myself and my colleague Marlo Lewis to the Securities and…
Blog
Climate Disclosure Comments to the SEC
The Securities and Exchange Commission’s Allison Herren Lee solicited comments on climate change from the public back on March 15, and the deadline for…
Blog
Should the SEC Require More Climate Data from Public Companies?
This week, Case Western Reserve University law professor (and CEI alum) Jonathan Adler hosted a fascinating event titled “Climate Change, Financial Markets &…
Blog
New Study: Defusing the ESG Threat to Shareholder Rights
Today the Competitive Enterprise Institute published my new study on theories of enlightened investing, Environmental, Social, and Governance Theory: Defusing a Major Threat to…
Blog
Expect Search for Corporate Virtue to Get Increasingly Expensive
Last week I wrote about a video from the Financial Times that was meant to explain environmental social, and governance (ESG) investing. Despite…
Blog
Americans Ambivalent about Billionaire Influence, Reject Left-Wing Hostility
New polling, recently written up at Reason, shows that the American public isn’t nearly as hostile to capitalism, and the leaders of big…