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: Freedom to farm with Bill Wirtz
In this week’s episode we cover a new ranking of state governors, reforms to emergency powers, new research on working from…
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Free the Economy podcast: Removing barriers to abundance with Chris Koopman
In this week’s episode we cover our record-high budget deficit, green trade wars, and what US adults are watching on TikTok.
The Spectator World
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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…
Op-Eds
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Fred Smith Op-Ed in the Wall Street Journal, January 16, 1986…