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.
Featured Posts
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The problem is scarcity, not Disney’s prices
Disney doesn’t just offer admission to a theme park. It promises a magical experience. But when millions of people seek that experience, Disney must…
Blog
GDP and the origins of prosperity
The United States is a wealthy and prosperous country. Historically, Americans have looked to Gross Domestic Product (GDP) to measure their prosperity. GDP…
Reason
Fusionism in the Twenty-First Century
CEI’s Richard Morrison was listed by Reason in their symposium on the new book Fusionism. Contributions to the symposium are: Elizabeth Corey,…
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Free the Economy podcast: Threats to economic freedom, then and now with Iain Murray
On this week’s podcast we talk about recycled Legos, socially responsible pension funds, pessimistic views about politics, and a…
Blog
Net neutrality is political predation
It’s fitting that the Federal Communications Commission (FCC) chose to dig up the net neutrality corpse just before Halloween. Now, our elected representatives need…
Econlib
Reevaluating the Influence of James Buchanan on Libertarian Thought
James M. Buchanan was an economist known for his affiliation with the “Virginia School of Political Economy,” otherwise known as Public Choice theory. Trained…
Blog
Congress can say no to Bidenomics in shutdown showdown
The contentious fiscal year 2024 budget battle, which might result in a partial federal government shutdown, is unfurling precisely as the national debt…
Blog
Will polyester recycling become fashionable?
The Wall Street Journal ran a fascinating article last week on the future of innovation and technology, but it’s not about AI or…
Blog
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…
