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
Blog
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…
Blog
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…
Citation
DOJ investigation could push Powell to hold on to his seat at Fed
The Washington Examiner cited CEI’s expert on Powell Ryan Young, a senior economist at the Competitive Enterprise Institute, said that Powell choosing to remain in…
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Adam Smith’s Recommendation To End Illegal Immigration
Restrictions on immigration have created a black market in labor and movement. Currently, the U.S. government issues only 10,000 green cards to workers who lack higher…
Blog
James Buchanan, 1919-2013
Economics has lost one of its greats. James Buchanan has passed away at age 93. Born on a Tennessee farm in 1919, he continued working…
Forbes
Hurricane Sandy, and the Invisible Hand of Recovery
Once again, a terrible natural disaster strikes, and Americans from the Carolinas to New England are doing their best to sort through the wreckage and…
Forbes
History’s Witness: Prague, Communism, And The Socialist Ideal
What is it about the “noble ideals” of socialism that makes people forget the lessons of their actual practice? If you need yet another reminder,…
Blog
Remembering Elinor Ostrom
Among the individuals with whom I wish I could have greater opportunities to exchange ideas is Elinor Ostrom. She passed away today, and now I…
Reason
Leftwing Pitchforkers: Kill the Limited Government Monsters!
From Ronald Bailey's article in Reason: In a letter to the editor in the Wall Street Journal about the relentless Team Blue crusade…
