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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The missing guardrail in crisis politics: Discipline
Modern American governance has developed a troubling pattern. Economic shocks like the 21st century’s financial panics and pandemic are often met with vast expansions of…
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Happy birthday to the Wealth of Nations – and to CEI
Today is the 250th anniversary of the publication of perhaps the seminal work of economics, Adam Smith’s An Inquiry into the Nature and Causes of…
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George and Sam: A friendship forged in freedom and entrepreneurship
In August 1783, after General George Washington had secured victory in the Revolutionary War but was still awaiting negotiation of Great Britain’s surrender, he penned…
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Senate committee yells ‘all aboard!’ for controversial Railway Safety Act
The U.S. Senate Commerce Committee approved the Railway Safety Act this morning, with all Democrats and Republican Sens. J.D. Vance (OH) and Eric Schmitt…
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Americans agree: Politics doesn’t solve most problems
Our friends at the Pew Research Center have some new political survey results out, and the numbers are…not encouraging. The research summary finds:…
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Free the Economy podcast: Grow for tomorrow with Adam Millsap
In this week’s episode we talk about judicial deference at the Supreme Court, Biden’s new mortgage rate policy, how Americans are thinking…
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Free the Economy podcast: Smart urbanism with Max Dubler
In the latest episode, we talk about John Berlau and Stone’s Washington’s recent Wall Street Journal op-ed on financial regulation and free speech,…
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Has Gary Gensler turned the SEC into a regulatory ‘Hotel California’?
Securities and Exchange Commission (SEC) Chair Gary Gensler hadn’t testified before the U.S. House of Representatives for 18 months. Republican members made up for lost…
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The Free-Market Case Needs More Than Just Morality
George Leef and Mike Munger are right (of course) that we need to make the moral case for capitalism. Yet I would…