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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Trump’s baby accounts: Wealth builder or redistribution trap?
A White House roundtable this week spotlighted Michael and Susan Dell’s $6.25 billion philanthropic contribution seeding newborn investment “Trump Accounts” beyond the federal…
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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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Expect Search for Corporate Virtue to Get Increasingly Expensive
Last week I wrote about a video from the Financial Times that was meant to explain environmental social, and governance (ESG) investing. Despite…
Blog
Don’t Believe the Hype: ESG Investing Advice Hides Serious Flaws
In a recent video for the “Moral Money” section of the Financial Times, reporter Brooke Fox took on the question “What does ESG-friendly really…
The Dispatch
The Rejection of Globalism—on the Left and the Right—Is Changing Our Political Alignments
Many traditional conservatives are dumbstruck when they see Republicans like Missouri Sen. Josh Hawley or venture capitalist/potential candidate J.D. Vance espousing what they regard as…
FEE
Got Woke: A Review of ‘The Dictatorship of Woke Capital’
How did corporate America, long considered one of the most conservative American institutions, become a lead protagonist in a culture war over all manner of…
Blog
Americans Ambivalent about Billionaire Influence, Reject Left-Wing Hostility
New polling, recently written up at Reason, shows that the American public isn’t nearly as hostile to capitalism, and the leaders of big…
National Review
Corporations Don’t Pay Corporate Taxes. People Do
A mammoth infrastructure bill is on the way from Congress, and policy-makers are touting a corporate-tax-rate hike to help pay for it. Treasury secretary…