Capitalism is an inherently moral system of political economy, based on its voluntary nature and its reliance on virtuous human traits. The entity that embodies capitalism in the market – the firm or corporation – hones and enhances these virtues through a vast array of mutually beneficial exchanges, which
in turn enable further types of interactions beyond the realm of business. The genius of the market is that it enables a wide array of individuals, groupings, and associations to organize spontaneously to advance their various interests in a cooperative fashion that yields win-win arrangements.

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Crisis Abuse in History

Last week, CEI released Wayne Crews’s paper proposing an Abuse of Crisis Prevention Act. (If you prefer the short version, see Wayne’s and my…

Capitalism

Joshua Bandoch

Research Fellow

  • Capitalism
  • Capitalism and Free Enterprise

Richard Morrison

Senior Fellow

  • Antitrust
  • Business and Government
  • Capitalism and Free Enterprise