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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The missing guardrail in crisis politics: Discipline
Modern American governance has developed a troubling pattern. Economic shocks like the 21st century’s financial panics and pandemic are often met with vast expansions of…
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Happy birthday to the Wealth of Nations – and to CEI
Today is the 250th anniversary of the publication of perhaps the seminal work of economics, Adam Smith’s An Inquiry into the Nature and Causes of…
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George and Sam: A friendship forged in freedom and entrepreneurship
In August 1783, after General George Washington had secured victory in the Revolutionary War but was still awaiting negotiation of Great Britain’s surrender, he penned…
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Educating Tomorrow’s Business Leaders on Markets and Politics
This weekend I attended a fascinating event at the University of Maryland’s Robert H. Smith School of Business on the subject of economic inequality. Prof. …
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Seven Quotes about Communism: Take 2
A few years ago I assembled several quotes about Communism that I thought would make good epitaphs for it. Unfortunately, the ideology has turned…
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Thanksgiving and Markets
When the Pilgrims of Plymouth Colony celebrated the first Thanksgiving on Massachusetts’ Cape Cod, they shared a feast with the Pokanoket tribe, in thanks to…
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Corporate Action against Disease Points Way to Resiliency Strategy for Developing World
In a piece at The Freeman today, I examine how corporations in the developing world have reacted to the threat to their workers from diseases such…
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The Tesla File: Government Favors Cut Both Ways
Electric vehicle manufacturer Tesla Motors has become a fascinating case study in economic freedom in recent years, although the narrative is a complicated one. The…
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Farewell to Our Friend, Leonard Liggio
We are saddened to hear our friend Leonard Liggio passed away this morning. Today, the liberty movement has lost an intellectual champion. The Competitive Enterprise…
