Featured Posts
The Epoch Times
Supreme Court Overturns ‘Chevron Doctrine,’ Curtailing Federal Government Power
The Epoch Times cited CEI’s expert on Chevron doctrine The APA, passed in 1946 after the New Deal era, was critical to one of the…
News Release
Union Members Right to Know Act would protect union-worker rights and promote transparency
Three and a half decades after the Supreme Court’s ruling in Communications Workers of America v. Beck, the rights afforded by that decision are understood…
DC Journal
Point: The Supreme Court Is Empowering Voters
The Supreme Court’s recent term signaled a monumental shift toward liberty as it rolled back the unchecked power of federal agencies and reaffirmed the constitutional…
Search Posts
Blog
RealClear Radio Hour: Taxpayers on the Hook
This week on RealClear Radio Hour, Michael Tanner tallies Uncle Sam’s ballooning entitlement debt and Romina Boccia pulls back the cover on the Beltway crony…
Forbes
Capitalism and the Candidates
As a longtime advocate for capitalism, I’ve been considering the prospects for free market ideas in a White House presided over by either of the…
Blog
Celebrating Two Great Economists: Bruce Yandle and Julian Simon
I’d like to second my colleague Fred’s birthday wishes for the distinguished economist Bruce Yandle of Clemson University.
Blog
Happy Birthday to Economist Bruce Yandle
Bruce Yandle – a great economic scholar at Clemson University for many years and recipient of the 2016 Julian Simon Award – reaches his 83rd…
Blog
“Comeback” Documents Real-life Americans Overcoming Adversity
House Speaker Paul Ryan (R-WI), and the nonprofit group Opportunity Lives recently hosted a screening of Comeback, a documentary series highlighting the strengths of American…
Blog
RealClear Radio Hour: Social Justice and Overcriminalization
This week on RealClear Radio Hour we look at two sides of criminal justice reform—from encouraging entrepreneurial hustle and productive reentry into society to reining…
Blog
Reason’s Bastiat Journalism Prize Celebrates Writers Who Advance Freedom
Leftist intellectual and media bias can be as disheartening and maddening as it is relentless. So thank goodness for the Reason Foundation and its annual…
Blog
RealClear Radio Hour: Freedom Rising
This week’s RealClear Radio Hour was recorded in Las Vegas at FreedomFest 2016, the trade show for liberty.
Forbes
Antitrust Regulation And The 2016 Party Platform Debates
Having never been a fan of antitrust protectionism, I found it interesting that (according to Bloomberg) while Democrats are highlighting antitrust in their…
Blog
RealClear Radio Hour: U.S. Constitutionalist and Soviet Dissident
In this episode of RealClear Radio Hour, we contrast constitutionalism and socialism.
Blog
Politics and Economics Collide with Pokémon Go
It seems strange to think it’s been barely a week since Pokémon Go became the dominant pop culture phenomenon of the summer. Publications better known…
Blog
Kim Strassel Offers Prescient Look at Political ‘Intimidation Game’
Prescience is an odd quality to attribute to a book-length treatment of recent history. Nonetheless, The Intimidation Game by Kimberly Strassel adheres closely to Antonio’s…
Blog
Five Freedoms We Defend This Fourth
How are you celebrating Independence Day? Whether your plans involve a fireworks display or a barbecue with friends, we hope that this 4th of July…
Blog
Will the Sharing Economy Give Us Greater Economic Mobility?
Last night the R Street Institute sponsored a fascinating policy panel here in Washington, D.C., “Boost or Barrier? Upward mobility in the on-demand economy.”…
Blog
Bill Frezza Wins Economic Writing Prize
Bill Frezza, host of RealClear Radio Hour and CEI fellow, was awarded the Foundation for Economic Education’s 2016 Beth Hoffman prize for economic writing for…
Blog
RealClear Radio Hour: Innovation Economy & State Fiscal Breakdown
This week on RealClear Radio Hour, guests Garrett Johnson and Eileen Norcross explain the importance of developing a more technologically nimble and fiscally responsible government.
Blog
Religious and Economic Liberty Are Intertwined
The massacre in Orlando was a tragic reminder that we’re at war—against hate, against extremism, and against intolerance. Although there are many contributing factors…
Blog
Coming Soon: International Mayors for Inconvenient Travel
While we wait to see whether Gov. Andrew Cuomo will sign legislation targeting home-share listings in New York, the governmental response to the sharing economy’s…
Blog
Building on the Optimism of “Uber-Positive” Attitudes
There’s a new resource for understanding the state of play between politics and developments in the sharing economy, the pleasantly slim volume by the Manhattan…
Blog
Why Shouldn’t the Energy Department Run the Entire Economy?
New Energy Department standards for dehumidifiers promise massive benefits. Depending on which set of numbers you prefer (the link goes to the Energy Department’s own…
Blog
Export-Import Bank Drama Continues
The Senate’s main business right now is the annual Defense Appropriations bill. The Export-Import Bank, or Ex-Im for short, might become part of that bill.
Blog
RealClear Radio Hour: Common Sense Economics
At CEI’s 2016 annual dinner—A Night in Casablanca!—in DC, I caught up with three interesting gentlemen for a dose of common sense economics.
Coalition to Save Local Businesses
CEI: Heavily Scrutinized NLRB Joint Employer Standard Heads to Court
Most people can pretty easily tell you who their boss is, but the Obama administration has made that a difficult question. In a decision last…
Blog
What’s Right with Business Schools?
Jane Shaw of the Pope Center for Higher Education Policy has a compelling new commentary out this week on the state of business schools.
Blog
FCC Could end up “Protecting” Consumers from Cheaper Internet Access
Net neutrality proponents have seen their lines splinter over the issue of “zero rating,” the practice of not counting data used to access certain sites…
Wall Street Journal
Amnesia? We Remember the Lack of a Cushion
As longtime critics of Fannie Mae and Freddie Mac who warned early on that they could destabilize the financial system, we were shocked by Douglas…
Foundation for Economic Education
DC Takes Aim at Airbnb, Hits Existing Rental Industry
Washington, DC’s new regulations on Airbnb and similar businesses could end up killing off old-fashioned bed-and-breakfasts. Airbnb, the service that allows owners to rent out…
Study
Toward a Thinker/Doer Alliance: A Grand Strategy for Liberty Advocates
By Fred L. Smith, Jr. Director, Center for Advancing Capitalism Speech delivered at Hillsdale College Hillsdale, Michigan…
Investor's Business Daily
Inequality Is A Matter Of People, Not Numbers
From presidential candidates on down, everyone worries about economic inequality these days. In an era of stagnant job and wage growth, that’s a fair concern.
Forbes
What CEOs Should Be Saying About Inequality
Despite living at a time of unprecedented decreases in poverty around the world, we’re witnessing a seemingly unprecedented increase in worry about income…
Blog
Raise, Don’t Level: New CEI Papers on Inequality and Poverty Relief
Economic inequality is one of today’s defining issues. How to address it? Iain Murray and I offer an unconventional approach in a new two-part CEI…
Newsmax
Let’s Fix Crowdfunding so Middle-Class Investors Can Profit
More than four years and one month after Congress passed and President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act of 2012, the…
Blog
Thomas Piketty’s False Argument for Expanding the Government
Left-wing economist Thomas Piketty is treated like a “rock star” by many progressives for giving a veneer of legitimacy to the economic myths they…
Forbes
When Anything Could Be The ‘Next Tobacco’
When political operators win big with a clever legal strategy, you can be sure it’ll be used again. One strategy that paid off handsomely for…
Forbes
The Sharing Economy For Dummies (Or Politicians)
Forbes discusses what policy makers should keep in mind about the sharing economy with Iain Murray. Iain Murray, Competitive Enterprise Institute:…
New York Times
Monopolies, Like Google, Are Innovators, Which Is Good for Consumers
Last week, the European Commission brought new antitrust charges against Google, alleging the company unfairly favors its own services on smartphones running its Android operating…
Blog
FSOC Misunderstands Leverage, Threatens Risk Management
The Financial Stability Oversight Council recently released its “Update on Review of Asset Management Products and Activities,” in which it questions “how certain asset…
Daily Caller
Be The Earth Day You Want To See
With Earth Day upon us, millions of Americans will be looking for a way to observe the event and celebrate the planet’s bounty and resources.
Blog
Business Leaders Mount the Barricades
This has been a good week for capitalist backbone. As Kim Strassel discusses in the Wall Street Journal today, we’ve seen two high profile…
Blog
CEOs Confront Anti-Capitalist Rhetoric
Another CEO of a big American company has spoken up about the charge that he and his employees are “destroying the moral fabric” of…
Blog
How to Address Income Inequality
Over at the Foundation for Economic Education, Iain Murray and I give a short preview of our two forthcoming CEI papers on income inequality…
Foundation for Economic Education
Why Is the Middle Class So Angry?
The middle class is angry. Feeling left out of sharing in the nation’s prosperity the way they used to, they are increasingly turning to…
Blog
Is GE a Capitalist Good Guy or a Corporate Bad Guy?
General Electric CEO Jeff Immelt has an interesting op-ed today in the Washington Post, hitting back against charges that his company is “destroying…
Daily Signal
8 Questions for PayPal on Its Decision to Boycott North Carolina
The Daily Signal discusses a North Carolina law with Hans Bader. The new North Carolina law also requires cities and localities to follow…
Law360
Alaska Air, Virgin America Face Bumpy Antitrust Ride
CEI Fellow Marc Scribner speaks to Law360 about a proposed merger between Alaska Air and Virgin America: “If you look at their…
Palmetto Business Daily
Land use expert warns of property rights infringement by “unelected bureaucrats” on the Charleston BAR
The Palmetto Business Daily discusses property rights infringement by the Charleston Board of Architectural Review with Marc Scribner. “The unelected bureaucrats on the…
Blog
Freedom of Contract at Risk in Carcano v. McCrory
Virginia’s Dillon rule prevents cities and counties from regulating the employment practices of private businesses. That bars them from setting minimum wages higher than…
Daily Signal
NBA’s Threatening North Carolina Is Textbook Cultural Cronyism
The Daily Signal references Hans Bader's writing on a bill in North Carolina pertaining to employment regulations. The second provision—the employment provision—is simply a…
CNS News
Skittish About ‘Capitalism’ – But Who Is Really Rigging the Game?
This political season, Americans are skittish about capitalism. Some fear it will create inequality and wage stagnation, while others simply lack clarity on what capitalism…
Foundation for Economic Education
Government Targets the App Economy
The sharing economy promises such radical change that economist Klaus Schwab is calling it The Fourth Industrial Revolution. But unlike the previous revolutions, its…
Forbes
Three Decades On, The Fight For Economic Freedom Continues
Americans want honorable, thoughtful government but are no longer sure that result is possible. Government has now grown so gigantic, arrogant, powerful, and pervasive that…
Watchdog.org
Have conservatives been hypocritical on cronyism?
Watchdog.org reports on a CPAC panel discussion on cronyism moderated by Bill Frezza. Bill Frezza, host of the Real Clear Radio Hour, kicked…
Blog
UnChartered Cronyism: The FCC’s Attempts to Block Cable Merger
When you hear about “crony capitalism,” what comes to mind? The Export-Import Bank? The ethanol mandate? Fannie Mae and Freddie Mac? Tax credits and loan…
National Review
Are There Economic Policy Answers to Trump Voters’ Woes?
Tim Carney, in the Washington Examiner, well sums up the main grievances of both Trump and Sanders voters: the lack of prospects facing blue collar…
Blog
Market Dominance Doesn’t Last; Regulation Shouldn’t Either
One of the justifications for heavy regulation of large companies is that they use market power to crush competition and maintain market dominance. Yet the…
The Freeman
Why Government Should Not Regulate the App Economy
In Damon Runyon’s Broadway stories (and in the musical Guys and Dolls), a gambler named Nathan Detroit hosts New York’s oldest established floating crap game,…
Craft Brewing Business
AB-InBev buys UK’s Camden Town Brewery, crowdfunding investors score big
Craft Brewing Business mentions John Berlau's article on how crowdfunding provides opportunities for craft breweries. The article (nicely written by John Berlau) goes on…
Blog
Three Economists Had the Answer to the President’s Questions
Last night at the State of the Union, the President asked three questions regarding domestic policy (I’ll leave the foreign policy question to others). They…
Reuters
“Too Big to Fail” Policy Failing Small Banks: NCPA
Reuters reports on John Berlau's new study for the National Center for Policy Analysis, that explores the failures of the "to big to fail" docrtine and what Congress should…
Forbes
How Cars Saved The Montgomery Bus Boycott
December 5, 1955, was a key date in the struggle to eliminate racial segregation laws in the United States. On that date, the African American…
Forbes
Congress Is A Terrible Business Partner
We are beginning to see the unraveling of the Faustian bargain that private health insurance companies made with the Obama administration and the Democratic-controlled Congress…
Blog
Much to Be Thankful For
Thanksgiving is tomorrow, and all of us have much to be thankful for. Over at Inside Sources, I have a Julian Simon-inspired take on the…
Blog
Thanksgiving: Massachusetts Discovers Property Rights
Thanksgiving is a day layered in tradition and myth. The standard story makes much of the creative efforts of our ancestors, the assistance provided by…
Blog
A Fundamental Misunderstanding of Free Enterprise
Today, in The Guardian, columnist Zoe Williams repeats an idea often advanced by progressives, that entrepreneurial activity is dependent on the action of others, especially “government,”…
Blog
Anti-Capitalism on Campus
Prof. Brad Thompson of Clemson University writes this week in Minding the Campus on the impact of corporate donations to institutions of higher education. In particular, he describes…
Blog
Calling All Public Choice Scholars
Earlier this month the Cato Institute generously hosted a small roundtable discussion of CEI’s recent study “Virtuous Capitalism: Why there Is Less Corruption in…
Blog
Virtuous Capitalism in Theory and Practice
Government is responsible for billions and billions of dollars of corruption and corporate welfare. Considering the potential returns on investment compared to honest entrepreneurship, it…
Forbes
Virtuous Capitalism In Theory And Practice
Capitalism has a bad reputation. Many people see it as corrupt, uncaring, and in bed with politicians. And popular wisdom isn’t always wrong. For example,…
Foundation for Economic Education
How the State Keeps You Working Long Hours
Entrepreneur Tim Ferriss found he had a mega-hit on his hands with his 2007 book, The 4-Hour Workweek, a paean to a new attitude toward…
National Review
Why Liberals Secretly Love Corporations
Iain Murray, in his article for the National Review, investigates why the Left pushes regulatory policies that support the old corporate structure even though this is contrary to…
Blog
Sell a Kidney, Save a Life
Last week I blogged about the idea that some things should not be part of a market economy, and highlighted one rather silly example of…
The Freeman
Depression-Era Laws Threaten the Sharing Economy
Imagine you’re driving for Uber or Lyft. As an independent contractor, you enjoy setting your own work hours, picking up people you like chatting with…
Blog
Virtuous Capitalism, or, Why So Little Rent-Seeking?
The venerable Fred Smith and I have a new paper out today. Click here to read it. In the paper, we try to solve the Tullock…
Business Ethics Highlights
CEI: There’s Less Corruption In Business Than You Think
The Business Ethics Highlights features CEI's article on rent-seeking. If the data show rent-seeking behavior by firms to be so effective, why don’t…
Blog
ABI MillerCoors Merger Won’t Harm the Craft Beer Movement
The folks at Food & Water Watch are pissed. And I don’t mean “pissed” as in drunk; they are mad as hell about the proposed…
Blog
Betting on the Future: 25 Years Later
Today is the 25th anniversary of the famous bet between economist Julian Simon and biologist Paul Ehrlich over the price of five metals: chromium, copper,…
Blog
Free Enterprise: Sometimes We Forget
When we find ourselves debating specific issues having to do with economics and business, we often forget how overwhelming the evidence is for the superiority…
Study
The Case Against the Overseas Private Investment Corporation
Full Document Available in PDF The Overseas Private Investment Corporation (OPIC) is a U.S. federal government agency with three key policy objectives:…
Blog
A First Look at Markets without Limits
Georgetown University professors Jason Brennan and Pete Jaworski (left) have a new book out with a fascinating premise: anything that it is morally permissible…
Blog
Feds Double Down on Failed Affordable Housing Mandates
Federal affordable housing mandates do little to increase homeownership rates, but they did help cause a devastating financial crisis in 2008 by encouraging risky lending. Yet the Federal…
Blog
The FTC Targets Apple Music: Part III
This is the third in a series of essays on the FTC’s investigation of Apple Music. In Part II of this series, we demonstrated that, even…
Blog
The Government Makes a Terrible Boyfriend
He’s from the government, and he’s here to help. That’s the comic premise of this summer’s best YouTube video series, “Love Gov,” from the…
Blog
Mount Vernon Cheers: A Song to Commemorate “I, Whiskey”
Our Indiegogo campaign for CEI’s new documentary “I Whiskey” is closing soon. So far, we have raised almost $75,000, but it’s not over yet.
Blog
William Faulkner Said it Best: “Civilization Begins with Distillation”
"Making whiskey is but one piece of the Great Story of Spirits. The Big Picture is the story of incremental progress, of continual innovation by…
Blog
Why Thieves Hate Free Markets
Don Boudreaux over at Café Hayek has just given a 2015 boost to a smart 2012 video from Learn Liberty on social cooperation in…
Blog
The FTC Targets Apple Music: Part II
This is the second in a series of essays on the FTC’s investigation of Apple Music. Part I discussed the reason for the FTC’s investigation as…
Blog
The FTC Targets Apple Music: Part I
When launching a new product, the goal is to create excitement, as any company will tell you. But Apple’s newly launched music streaming service, Apple…
Blog
Bastiat Society Rallies Business Leaders Together
My venerable colleague Fred Smith and I just returned from the Hoosier State, where we were honored to be guests of the Indianapolis chapter of the …
WND
The Obama-Clinton Cloward-Piven legacy
The WND cites CEI`s Bill Frezza on Obama`s welfare reforms: In his Forbes article, “Deconstructing Obamanomics: What is the Real Goal?,” Bill Frezza, an MIT…
Blog
The Persistent Truth of Income Mobility
There’s a lot being written these days about income (and wealth) inequality, and how a free market economy allegedly exacerbates the divide between the rich and…
Blog
What Cartoons Can Teach Us about Capitalism
The Freeman has an excellent article by FEE advisory board member Robert Anthony Peters on economic lessons in popular culture—in this case focusing on the wealthiest…
Blog
Do Conservatives Really Care about the Poor?
American Enterprise Institute president Arthur Brooks has a new book out this week, The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous…
Blog
Join the “I, Whiskey” Team
The Competitive Enterprise Institute's newest film project, I, Whiskey: The Spirit of the Market, is currently in production, and you can help make it…
Blog
Highlights of FreedomFest 2015
The happy warriors of CEI have returned from our sojourn to Las Vegas and the excitement of FreedomFest 2015: Discover the New American Dream. The…
The College Fix
Two-thirds of subsidized financial aid swallowed up by tuition increases, Federal Reserve Bank study finds
The College Fix quotes CEI`s Hans Bader on federal student aid programs: The Competitive Enterprise Institute’s Hans Bader cites…
Blog
Advocating Free Trade, Not Foreign Aid for the World’s Poverty
A Review of the Poverty Cure Documentary Series Poverty Cure is a six part documentary series directed and hosted by Michael Matheson Miller, produced by…
Blog
2015 CEI Dinner Movie: The Magnificent 7
Complete with cowboy boots, wagon wheels, lamps made out of whiskey bottles, and wanted posters of the most “notorious” U.S. regulators—if you’re talking to a…
Blog
Excerpts from Carly Fiorina’s Address at CEI’s Annual Dinner
Keynote address by business and nonprofit leader Carly Fiorina delivered at the Competitive Enterprise Institute’s annual dinner on June 11, 2015. Excerpts from text as…
Forbes
Memo To Presidential Campaigns — Federal Regulation Matters More Than Spending
President Barack Obama’s federal budget proposal for FY 2016 sought $3.999 trillion in discretionary, entitlement, and interest spending; the Republican alternative a little…
Blog
Politics vs. Principle: Export-Import Bank Edition
On the merits, the case for closing the Export-Import Bank is a slam-dunk. This has made life difficult for the bank’s supporters, especially since the…
Staff & Scholars
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Richard Morrison
Senior Fellow
- Antitrust
- Business and Government
- Capitalism and Free Enterprise
Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
- Business and Government
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform