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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Rare earths and China: Choose deregulation, not price controls
Treasury Secretary Scott Bessent threatened to implement price controls on unspecified goods if China continues to restrict rare earth mineral exports. Over at the…
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A Nobel for human progress
This year’s economics Nobel Prize went to three students of the two most important questions in economics: Why have living standards in rich countries improved…
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Free the Economy podcast: Reforming Social Security with Romina Boccia
In this week’s episode we cover a new study on pharmaceutical tariffs, whether to expect a new Great Depression (via Phil…
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Republican Working Group issues first critical report against ESG
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Free the Economy podcast: School Choice for Everyone with Ed Tarnowski
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Don’t believe the ‘cost-of-thriving’ doom
There has been a lot of discussion in the last several years – and even more so in the last few weeks – about income…
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Adam Smith on how trade makes us better people
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Adam Smith and the wealth of America
2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…
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Younger workers don’t favor full-remote work
Among people who follow the news on workplace (and workforce) satisfaction, the opinions of younger workers are often considered especially relevant, because we assume that…