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
Blog
Distinguished guests celebrate liberty movement jubilee
I recently returned to D.C. from Tampa, Florida, where I attended the 60th anniversary meeting (“Diamond Jubilee”) of the Philadelphia Society. For those who…
Blog
Free the Economy podcast: Frontier economics with Kendall Cotton
In this week’s episode we cover the diamond jubilee of the Philadelphia Society, the cost of government regulation in the UK, the…
Blog
Bees are flourishing again. Thanks, capitalism!
You can relax, everyone: The honeybees are back. As Andrew Van Dorn of the Washington Post reported recently, America suddenly now has a record…
Search Posts
Blog
Adam Smith, Greek Tragedy, and Public Policy
In high school civics classes, Adam Smith is a cartoon character. Like Mr. Burns from The Simpsons, he is portrayed as selfish, cold, and calculating.
Blog
Free the Economy Episode 4: Entrepreneurship and Equality with Alfredo Ortiz
Thanks to everyone for listening to and sharing the Competitive Enterprise Institute’s new podcast, Free the Economy. If you like the show, please leave…
Discourse
A Successful Abundance Agenda Must Address Americans’ Anxieties
f you flip through the pages or click on the website of any policy-minded publication these days, chances are you’ll come upon a discussion of…
Blog
Free the Economy Episode 3: Washington’s 10,000 Commandments
Thanks to everyone for listening to the first two episodes of the Competitive Enterprise Institute’s new podcast, Free the Economy. We’ve got more great…
Blog
Free the Economy Episode 2: Defending the American Dream
Thanks to everyone who listened to the inaugural episode of the new Competitive Enterprise Institute podcast Free the Economy in December. We covered stagnating wages,…
Blog
Free the Economy Episode 1: Deregulating Abundance
Free the Economy is a new podcast from the Competitive Enterprise Institute focused on how we all can become happier, healthier, and wealthier in a…
The American Spectator
What Do Americans Really Think of ‘ESG’ Investing?
Investing to promote environmental, social, and governance (ESG) outcomes — rather than to just maximize profit — became the hot topic in finance this year…
Products
Corporate Governance
Retirement Security Congress passed the Employee Retirement Income Security Act (ERISA), which governs private pensions, in 1974, in response to widespread concerns at the time…
Blog
Living in Capitalism: The Fat of the Land
Some of capitalism’s critics like to depict a market economy as a ruthless system in which making a living and paying expenses is inherently (or…
National Review
ESG Isn’t Going Away Anytime Soon
While the “Red Wave” never emerged in this November’s midterm elections, the issues that have riled up conservative voters the most in the past two years…
Law & Liberty
Capitalism’s Cure for Economic Sins
Philosopher and business ethics expert James Otteson of the University of Notre Dame wants to save you from the error of your ways, and by…
Blog
Retro Review: Jared Diamond—Guns, Germs, and Steel: The Fates of Human Societies (Norton, 1997)
In 1972, Jared Diamond was researching bird evolution in New Guinea. While walking along a beach, he had an hour-long conversation with a local politician…
Reason
FBI Reports Dubious ‘Trend’ of Rideshare Driver Kidnappings
“Fund managers who handle retirement accounts through the EBSA are being told to consider climate change and other environmental, social, and governance (ESG)…
Blog
Seizing the Ecomodernist Moment
I recently had the good fortune to attend Ecomodernism 2022, a conference hosted in northern Virginia by the Breakthrough Institute. The theme was “Deregulating…
Issues & Insights
A Supermarket Merger Is Not A Threat To Humanity
Grocery store giants Kroger and Albertsons have announced a proposed merger, but it’s a business combination that will likely come under undue antitrust scrutiny. Before the…
Blog
Jason Feifer on Managing Change in Life and Society
I recently wrote a review of Build for Tomorrow, the new book from Entrepreneur magazine editor-in-chief Jason Feifer. The book is a…
Coin Desk
Against CBDCs and the Politicization of Money
Tensions burst out between Rep. Rashida Talib (D-Mich.) and JPMorgan Chase CEO Jamie Dimon last week at a Capitol Hill hearing over whether the U.S.
Yahoo Finance
Against CBDCs and the Politicization of Money
Tensions burst out between Rep. Rashida Talib (D-Mich.) and JPMorgan Chase CEO Jamie Dimon last week at a Capitol Hill hearing over whether the U.S.
Blog
The Founding Fathers and Free Trade
There is an ongoing small cottage industry of historical revisionism aimed at showing that America since its founding was friendly to protectionism and that this…
Blog
Progressives Need Democracy, Not Technocracy
As Democrats debate the merits over legislative versus administrative action on topics ranging from climate change to gun control, they face a fundamental decision: technocracy…
Law & Liberty
Zero Impact’s Grim Cost
Philosopher and energy expert Alex Epstein sets himself two goals in his new book, Fossil Future—one significantly more difficult than the…
Blog
Green Politics Leads to Higher Gas Prices
Americans have been plagued by high gas prices in recent months, with recent polls showing fuel costs at the top of the list of…
Law & Liberty
A Declaration of Independence from the Administrative State?
At gatherings this July 4, there will likely be impassioned conversations about recent Supreme Court decisions. But it’s a ruling a few weeks ago from…
Blog
Crisis Abuse in History
Last week, CEI released Wayne Crews’s paper proposing an Abuse of Crisis Prevention Act. (If you prefer the short version, see Wayne’s and my…
RealClearInvestigations
It’s Conservative David vs. the Woke Corporate Green Giant
RealClearInvestigations cites CEI Senior Fellow Richard Morrison on woke capitalism: Among those fueling the backlash against “woke capital” or “stakeholder capitalism,” Soukup counts entrepreneur-turned-author and…
National Review
Free Enterprise Is the Basis of Prosperity
Free enterprise is under attack from across the political spectrum. Socialists and their allies regard it a source of corruption and as antithetical to democracy.
National Review
Free Enterprise Is the Basis of Prosperity
Free enterprise is under attack from across the political spectrum. Socialists and their allies regard it a source of corruption and as antithetical to democracy. Some…
Finger Lakes Times
Commentary: Diversity training is unpopular because it doesn’t work (but companies could change that)
Diversity is one of the hottest topics in corporate management today. And while corporate managers have been implementing diversity initiatives since at least the 1960s,…
Real Clear Policy
SEC’s Gensler Wants to Regulate Green Funds, But Definitions Are Elusive
In a recently released video, Securities and Exchange Commission (SEC) chairman Gary Gensler explains his concerns about investment products that market themselves as…
Blog
GDP Shrinks: The Good and the Bad
The advance estimate for 2022’s first quarter gross domestic product (GDP) is in, and the news is not good. Adjusting for inflation, GDP shrank…
Action Institute
Do Libertarians Have a Political Home Anymore?
For many years, libertarians and economic conservatives lived in harmony. The philosophy of fusionism said that the conservative party, when it governed, would seek to…
Blog
The Updated Case for Free Trade
Trade is a core value of civilization. The very act of trade implies respect for people’s rights. Suppose you have something I want. I could…
Blog
Pay College Athletes
No March Madness tournament would be complete without at least one school being caught paying its players in violation of NCAA rules. This year, the…
Blog
Climate Overreach at the SEC: What Comes Next
The Securities and Exchange Commission (SEC) today voted to recommend new proposed rules by which public companies would be required to disclose additional information about…
Blog
Correcting a Couple of Inflation Whoppers
Over at National Review’s Capital Matters site, I have a piece pointing out that today’s high gas prices aren’t caused by inflation. They’re caused…
Blog
Antitrust Is Political
Antitrust regulation is just as politicized as other forms of regulation. Arizona attorney general Mark Brnovich’s just-announced investigation into investors whose politics he doesn’t like…
The Washington Times
What Would George Washington Have Done?
The Washington Times cites Senior Fellow John Berlau on his book, George Washington, Entrepreneur: John Berlau has just written a most interesting book, “…
Blog
George Washington, Larry David, Cryptocurrency, and Freedom
One of the most talked-about Super Bowl ads was that of Larry David traveling through history and naysaying innovations that turned out to be hugely…
Blog
Staying the Course for Liberty
At the Competitive Enterprise Institute, we focus on policy issues ranging from tech and telecommunications to energy and the environment to financial regulation and monetary…
Blog
In Memoriam: P.J. O’Rourke
From Rolling Stone to nearly 20 rollicking books, P.J. O’Rourke explained the inexplicable, from war and every imaginable human privation to the peccadillos of Congress…
News Release
CEI Welcomes Communications Expert to Center for Advancing Capitalism
The Competitive Enterprise Institute is pleased to welcome writer, communications expert, and political scientist Joshua Bandoch as a Research Fellow in its Center for…
News Release
House Democrats’ China Bill Would Make the U.S Less Competitive and Harm Consumers
The House of Representatives is considering the America COMPETES Act this week, a bill described by sponsors as a “China competition bill.” The wide-ranging legislation…
Fee Stories
Where Have All the Capitalists Gone?
Economist Richard Salsman presents liberty advocates with a striking rhetorical question in the title of his most recent book. Are there really fewer capitalists than ever…
Blog
Retro Book Reviews: A Capitalism for the People: Recapturing the Lost Genius of American Prosperity by Luigi Zingales (Basic Books, 2012)
University of Chicago economist Luigi Zingales’s book A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, which celebrates its 10th anniversary…
Blog
Which Classic Books Deserve a Retro Review in 2022?
Every year, there’s a tsunami of new books about economics, politics, and public policy that are full of hot takes and policy recommendations. In any…
Blog
Edmans, Soukup, and Devine: 2021 Book Review Roundup
We saw some great books on economics and politics published over the past year, and some excellent book reviews. Just this week, my colleague Ryan…
Blog
Review of Vivek Ramaswamy’s Woke, Inc.
Vivek Ramaswamy—pharmaceutical entrepreneur, son of immigrants, Yale Law grad, Hindu, and political conservative—is a capitalist with a lot of strong criticism for big business today.
Blog
Best Books of 2021: Ryan Bourne, Economics in One Virus (Cato Institute, 2021) and Caleb Fuller, There Is No Free Lunch (Freiling, 2021)
Economists are an unpopular bunch. One reason for this is that much of their job is putting parameters on people’s utopias. Spending more money…
Blog
Seven Quotes about Communism
Years ago, I pulled together some quotations about Communism that I thought would make good epitaphs for what I believed was a dying ideology. Unfortunately,…
Blog
Review of Michael Munger, The Sharing Economy: Its Pitfalls and Promises (Institute of Economic Affairs, 2021)
Transaction costs are one of the most overlooked ideas in economics. They are also one of the most important. The lowering of transaction costs is…