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.
Featured Posts
National Review
From Munitions Shortage to Ebola, Dodd–Frank Minerals Measure Makes Things Worse
A scan of news headlines warns readers of two seemingly unrelated dangers around the globe. One is a potential shortage of missiles, interceptors, and…
The Wall Street Journal
Don’t Expand Payroll Taxes for Social Security
In his column “Republicans’ Pre-Emptive Social Security Surrender” (Political Economics, Sept. 18), Joseph C. Sternberg makes a persuasive argument against expanding…
Blog
America as an act of disobedience
CEI’s annual Julian L. Simon Memorial Award Dinner is on September 23. The theme is American Treasures. This post celebrates one of the…
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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…
Study
Reviving Capitalism
The near-death and rebirth of American railroads is a case study in business leaders fending off regulation.
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…
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…
Study
Virtuous Capitalism
Is there less corruption in business than we think?…
