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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Foreign automakers’ threat to exit US market illustrates Trump tariff consequences
Foreign automakers are reportedly threatening to pull their most affordable models out of the US market if terms of the US-Mexico-Canada Agreement aren’t renewed. The…
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Let’s put the next SpaceX in our 401(k)s before its launch onto public markets
As Artemis II achieved liftoff for the first moon voyage in more than 50 years, space news also rocked the investment world with the breaking…
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The consequences of American socialism: A review of John Kenneth Galbraith’s Economic Development
John Kenneth Galbraith’s 1963 book Economic Development asks the same question Adam Smith asked: where does wealth come from? His answers are very different…
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The Powell Memo was good, actually
This week the Competitive Enterprise Institute published my study (co-written with my colleague Iain Murray) on the 50-plus year history of the…
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Free the Economy podcast: freedom and conservatism with Avik Roy
In this week’s episode we talk about the future of nuclear power, the possible end of remote work, and the complexities of…
News Release
Leftwing conspiracy theories about 1971 “Powell memo” debunked in new CEI report
A new Competitive Enterprise Institute report debunks a leftwing conspiracy theory that free market interests seek a “corporate domination of America” (as Greenpeace put…
Study
Threats Then and Threats Now
Executive summary In 1971 Lewis Powell, a prominent Republican lawyer who would go on to serve on the Supreme Court, wrote a memo warning about…
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S&P Global downplays its ESG ratings. Will rival ratings firms follow suit?
S&P Global, a premier financial data company, has recently put an end to its quantitative environmental, social, and governance (ESG) rankings. Rather than issue…
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Are you ready for Jacobin the board game?
One of the most beautiful things about capitalism is that, wherever there is demand, there will be supply. Even though dedicated Marxists make up a…