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
Free the Economy podcast: Waste, fraud, and tax hikes with Emily Ekins
In this week’s episode we cover workplace injuries, MAGA antitrust in theory and practice, portable benefits for gig workers, and the…

Blog
Fred Smith and the Hourglass of Market Evolution
Our much–loved CEI founder Fred L. Smith Jr. would often insist that we not refer merely to antitrust or antitrust policy, but…

Blog
Free the Economy podcast: Debt and taxes with Jack Salmon
In this week’s episode we cover the death of ESG investing, next moves on regulatory reform, Wall Street enthusiasm for a…
Search Posts
Blog
A Federal Gift Clause Could Help ‘Drain the Swamp’
If President-elect Donald Trump and Republicans in Congress are serious about coming through on the campaign promise to “drain the swamp,” it would serve them…
Blog
Join the ‘I, Whiskey’ International Watch Party
After a successful Virtual Watch Party campaign focused on fans in the United States, we’ve now launched an International Watch Party for our friends around…
Blog
Learn Liberty’s Lessons from Star Wars
Learn what Star Wars can teach us about limited government and moral responsibility.
Blog
Libertarianism.org Video Contest Winners
2016 Libertarianism.org Video Contest Winners…
News Release
GM’s Deceptive Advertising: Company First Claimed It Repaid Bailout Money, Now Admits It Didn’t
Washington, D.C., September 20, 2010 – Contrary to claims by General Motors earlier this year, the company has now admitted that it did not repay its…
Blog
The Libertarian Holiday Gift Guide
Cheers to the brilliant production team at Reason TV, who have provided some welcome comedy this holiday season with their new video, “The Libertarian Holiday…
Blog
5 Great Books on Politics and Public Policy from 2016
A lot of interesting books on politics, economics, and public policy were published over the last twelve months. It can be difficult, though, finding the gems…
Blog
Some Advice for Trump Appointees
Your role in the new administration is to propose ways of restoring limited government – by privatization, deregulation, extending property rights, and taking on the…
Blog
Ratios, Not People: The Wrong Approach to Inequality
Thomas Piketty, the best-selling author of Capital in the 21st Century, has a new paper on economic inequality with coauthors Emmanuel Saez and Gabriel Zucman.
Blog
RealClear Radio Hour: Western and Soviet Politics
In this episode, historian Andrew Roberts and Russian émigré Alexander Markovsky compare Western and Soviet politics.
Blog
Fidel Castro, Longtime Dictator of Cuba, Dies
The longtime dictator of Cuba, Fidel Castro, died Friday at the age of 90.
Forbes
Lessons From A Decade Of “Conscious Capitalism”
What can 220 CEOs learn at a “Conscious Capitalism” conference? Perhaps valuable insights into the purpose and value of their businesses. Perhaps also, ways to…
Blog
Free Market Opportunities for the Trump Administration
This election has given us one more demonstration that knowledge is dispersed and “trusting the experts” to know the future is foolish. The unexpected success…
Blog
RealClear Radio Hour: The Nanny State Down Under and the Robot Revolution
In this week’s episode, Topher Field discusses lifestyle regulation madness Down Under and Katherine Mangu-Ward ushers in the robot revolution.
Blog
Audience Reactions to “I, Whiskey”
Since releasing the new film I, Whiskey: The Human Spirit last month, we’ve had an excellent response from people around the country.
Blog
Finding the Perfect Quote for “I, Whiskey”
How would the film end? I, Pencil began with a memorable quotation. We would end I, Whiskey with a provocative one. Give the audience something…
Blog
Learning Lessons from Reed’s ‘Real Heroes’
About a dozen years ago, I developed a habit of asking the same question when I interviewed someone for a job. Typically, about two-thirds of…
Blog
Meet the Stars of “I, Whiskey”
CEI’s new film I, Whiskey: The Human Spirit is about freedom and innovation, but also about making human connections in the marketplace.
Blog
RealClear Radio Hour: American Cuisine and Whiskey
This week on RealClear Radio Hour, Paul Freedman and Rick Wasmund treat us to delicious courses of American cuisine and whiskey.
Blog
The Inspiration Behind the New Film “I, Whiskey”
I think it can be said all films have an unexpected Genesis, an unlikely, improbable trajectory. I, Whiskey was no exception.
Investor's Business Daily
‘I, Whiskey’: Free Markets And The Human Spirit
In a political season that's seen a lot of skepticism about big business and trade, it can be good to step back and remind…
Blog
New Study Explores the Morality and Virtues of Capitalism
Fred Smith's new study on the morality of capitalism discusses how we think about corporations as economic actors.
Study
The Morality and Virtues of Capitalism and the Firm
View Full Document as PDF The case for the morality of capitalism lies in its voluntary nature and its synthesis of self-interest…
Blog
Back Freedom in the Czech Republic
Here at CEI we are big fans of Czech classical liberals. We published former Czech President Vaclav Klaus’s excellent book on environmental policy,…
Blog
Early Reviews Are in for “I, Whiskey”
The long wait is over – CEI has released the full version of the new film I, Whiskey: The Human Spirit online.
Blog
The Film That Came before “I, Whiskey”
Next Wednesday, October 12th, CEI will release the new short film I, Whiskey: The Human Spirit.
Blog
Economics Made the World Great – and Can Make It Even Better
This week our friends at the Mercatus Center at George Mason University hosted their Annual Dinner here in Washington, D.C., and it was an elegant…
Cato Journal
Review of “Markets without Limits”
Are there some things that should be beyond the market, that is, which should not be permitted to be bought and sold? Jason Brennan and Peter Jaworski…
Blog
RealClear Radio Hour: Budding CEOs, Women, and Politics
On this week’s episode, Jeff Sandefer tells how children younger than 10 are wowing Shark Tank investors and Sarah Skwire compares the feminism of free…
Blog
RealClear Radio Hour: Taxpayers on the Hook
This week on RealClear Radio Hour, Michael Tanner tallies Uncle Sam’s ballooning entitlement debt and Romina Boccia pulls back the cover on the Beltway crony…
Blog
Celebrating Two Great Economists: Bruce Yandle and Julian Simon
I’d like to second my colleague Fred’s birthday wishes for the distinguished economist Bruce Yandle of Clemson University.
Blog
Happy Birthday to Economist Bruce Yandle
Bruce Yandle – a great economic scholar at Clemson University for many years and recipient of the 2016 Julian Simon Award – reaches his 83rd…
Blog
The Cinematic Legacy of CEI Studios
Over the years we’ve hosted a lot of policy and social events in our current office, but we’ve also written and filmed some creative videos…
Blog
RealClear Radio Hour: U.S. Constitutionalist and Soviet Dissident
In this episode of RealClear Radio Hour, we contrast constitutionalism and socialism.
Blog
Politics and Economics Collide with Pokémon Go
It seems strange to think it’s been barely a week since Pokémon Go became the dominant pop culture phenomenon of the summer. Publications better known…
Blog
Religious and Economic Liberty Are Intertwined
The massacre in Orlando was a tragic reminder that we’re at war—against hate, against extremism, and against intolerance. Although there are many contributing factors…
Blog
Building on the Optimism of “Uber-Positive” Attitudes
There’s a new resource for understanding the state of play between politics and developments in the sharing economy, the pleasantly slim volume by the Manhattan…
Blog
Why Shouldn’t the Energy Department Run the Entire Economy?
New Energy Department standards for dehumidifiers promise massive benefits. Depending on which set of numbers you prefer (the link goes to the Energy Department’s own…
Blog
What’s Right with Business Schools?
Jane Shaw of the Pope Center for Higher Education Policy has a compelling new commentary out this week on the state of business schools.
Blog
Inequality: Policies That Work, and Policies That Don’t
CEI recently released a pair of papers by Iain Murray and me about economic inequality. The first encourages activists to ask the right questions: think…
Blog
More on “Inequality”
In serendipitous timing, the Institute of Economic Affairs in London released a new study this week entitled “Never Mind The Gap: Why we…
Blog
Raise, Don’t Level: New CEI Papers on Inequality and Poverty Relief
Economic inequality is one of today’s defining issues. How to address it? Iain Murray and I offer an unconventional approach in a new two-part CEI…
Blog
Thomas Piketty’s False Argument for Expanding the Government
Left-wing economist Thomas Piketty is treated like a “rock star” by many progressives for giving a veneer of legitimacy to the economic myths they…
Blog
Business Leaders Mount the Barricades
This has been a good week for capitalist backbone. As Kim Strassel discusses in the Wall Street Journal today, we’ve seen two high profile…
Blog
CEOs Confront Anti-Capitalist Rhetoric
Another CEO of a big American company has spoken up about the charge that he and his employees are “destroying the moral fabric” of…
Blog
How to Address Income Inequality
Over at the Foundation for Economic Education, Iain Murray and I give a short preview of our two forthcoming CEI papers on income inequality…
Blog
Is GE a Capitalist Good Guy or a Corporate Bad Guy?
General Electric CEO Jeff Immelt has an interesting op-ed today in the Washington Post, hitting back against charges that his company is “destroying…
National Review
Tentatively for Universal Basic Income
Michael Strain, as is only to be expected, does a great job outlining the pros and cons of a universal basic income (UBI) before…
Products
Free Market Groups Putting Property Principles into Action
When I told a friend some years ago that I was going to be working in a think tank, he replied, “Huh. I always wondered…
Blog
Three Economists Had the Answer to the President’s Questions
Last night at the State of the Union, the President asked three questions regarding domestic policy (I’ll leave the foreign policy question to others). They…