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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Blog
Let’s put the next SpaceX in our 401(k)s before its launch onto public markets
As Artemis II achieved liftoff for the first moon voyage in more than 50 years, space news also rocked the investment world with the breaking…
Blog
The consequences of American socialism: A review of John Kenneth Galbraith’s Economic Development
John Kenneth Galbraith’s 1963 book Economic Development asks the same question Adam Smith asked: where does wealth come from? His answers are very different…
Blog
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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Wall Street Journal
Letter to the Editor: McDonald’s and Pepsi’s Different Response to Pressure
Holman Jenkins's "What Pepsi Can Learn From McDonald's" (Business World, Jan. 28) hits on a failure of corporate management that is far more widespread…
Wall Street Journal
The Ability to Fire People Creates More and Better Jobs
“I like being able to fire people who provide services to me.” By speaking the truth, presumptive Republican presidential candidate Mitt Romney committed the cardinal…
Blog
The Compassion of Adam Smith
It's much more fashionable to attack Adam Smith these days than to read him. Yes, he favored economic liberalism, which wasn't exactly in style in…
Townhall
The War on Lemonade
America is a country founded on entrepreneurship and free enterprise. That’s why one of its most enduring childhood traditions is the lemonade stand. It teaches…
Townhall
Fred Smith on the Future of the Automobile
CEI President and Founder Fred Smith appeared on a panel at the 2011 Washington Auto Show to discuss the…
Study
Study and Understand Corporate Social Responsibility
Full Document Available in PDF Congress should study the confusion created in the…
