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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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…
Reuters
A back-of-envelope evaluation of national tax rates and freedom levels
Reuters cited CEI’s expert on tax rates & political systems Richard Morrison, a senior fellow at the Competitive Enterprise Institute: “Low-freedom countries may have low…
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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…
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Twenty Years without Hayek
F.A. Hayek died twenty years ago today. In his long career—his first book was published in 1929, his last in 1988—he made important contributions to…