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The Daily Economy
Why the Old Left–Right Divide No Longer Works
A century ago, Michael Oakeshott, Britain’s great skeptic of politics, a grand project, diagnosed a sickness that now afflicts every Western democracy: the confusion between…

News Release
Fed independence is the real story in Wednesday’s interest rate decision: CEI analysis
Today, the Federal Reserve announced it is cutting interest rates by 25 basis points, the first cut in nine months. CEI senior economist…

The Washington Post
The wine industry doesn’t work the way Washington thinks it does
Owning a vineyard in Napa Valley sounds fancy, but the wine business is, in reality, pretty gritty: It is a low-margin agricultural and food-processing business…
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The Spectator
The Giant Rat of Kenya
Hoover
“Let’s Pretend” Markets
Hoover
‘The Ring’ Free Market Classic
During this last week, thousands of Washingtonians have flocked to one of the world’s greatest artistic events, ‘The Ring” by Richard Wagner. Much has…
Op-Eds
Cap The Financial Black Holes
A consensus is emerging that the rate of U.S. thrift and bank failures stems in large part from the perverse incentives of Federal Deposit…
Op-Eds
The Suicidal Corporation: Two Cheers!
Smith book review for The World and I…
Study
Washington Antitrust Report
Full Document Available in PDF Political momentum is building up in Congress behind legislation to reverse recent judicial interpretations and administrative enforcement policy…