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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America as an act of disobedience
CEI’s annual Julian L. Simon Memorial Award Dinner is on September 23. The theme is American Treasures. This post celebrates one of the…
Daily Wire
Trump’s $5,000 Down Payment On The Entitlement State
Donald Trump’s $5,000 “dividend” proposal to every U.S. adult should be taken seriously, not because the arithmetic has been worked out, since there isn’t…
News Release
CEI praises Schumer’s good idea on trade reform
Senate Minority Leader Chuck Schumer has introduced a bill, the End Trump’s Tariff Tax Act, to repeal Trump tariffs and duties on Canada…
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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…
Op-Eds
The Suicidal Corporation: Two Cheers!
Smith book review for The World and I…
Op-Eds
What’s Wrong With Business Lobbyists
Fred Smith Op-Ed in the Wall Street Journal, January 16, 1986…