Capitalism is an inherently moral system of political economy, based on its voluntary nature and its reliance on virtuous human traits. The entity that embodies capitalism in the market – the firm or corporation – hones and enhances these virtues through a vast array of mutually beneficial exchanges, which
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.
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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Free the Economy podcast: Searching for digital privacy with Jen Huddleston
In this week’s episode we cover the new book What Went Wrong with Capitalism, the problem with price controls (via Brian…
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Scrapping tipping taxes is now a bipartisan issue. Good.
Never let it be said that Democrats think that Donald Trump is always wrong. Vice President Kamala Harris recently endorsed an…
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The politics of proxy voting and the importance of shareholder representation
As the 2024 election quickly approaches, many Americans consider how their vote will affect political races. While our focus tends to be on the voting…
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Rethinking Corporate Strategy
The past four years have not been easy for American business. President Bush was trusted to protect economic concerns in areas ranging from the environment…
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The Suicidal Corporation: Two Cheers!
Smith book review for The World and I…
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What’s Wrong With Business Lobbyists
Fred Smith Op-Ed in the Wall Street Journal, January 16, 1986…
