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.

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National Association of Manufacturers

Obama and the Keynesian Revival

The National Association of Manufacturers discusses Iain Murray's National Review article on Obama's Keyenesian revival.  Iain Murray of the Competitive Enterprise Institute makes…



Speaking in Tongues

In Monty Python’s classic "Hungarian Phrasebook" sketch, a Hungarian tourist walks into a British tobacconist’s shop, and, consulting a faulty phrasebook, tells…


Paige Lambermont

Research Fellow

  • Capitalism and Free Enterprise
  • Energy
  • Energy and Environment

Richard Morrison

Senior Fellow

  • Antitrust
  • Business and Government
  • Capitalism and Free Enterprise

Stone Washington

Research Fellow

  • Capitalism
  • Capitalism and Free Enterprise