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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Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
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Free the Economy podcast: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
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Adam Smith’s Wealth of Nations at 250
Last week I participated in a National Association of Scholars event on the 250th anniversary of Adam Smith’s The Wealth of Nations. The…
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When Kittens Explode
A fascinating Kickstarter funding campaign just ended yesterday, and it was a major one. A new card game with the alarming title of “Exploding…
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The Empire Strikes Back!
Right-of-center groups have for some time become a bit complacent. Sure the left had the universities, the media, and pop culture—but we had the think…
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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…