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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National Review
Let a Thousand ESG Certifiers Bloom
The business world has recently seen a dramatic increase in the vogue for “socially responsible” rules of behavior. Companies are encouraged to make environmental, social, and…
Blog
Retro Reviews: Azar Gat with Alexander Yakobson – Nations: The Long History and Deep Roots of Political Ethnicity and Nationalism (2013)
Nations: The Long History and Deep Roots of Political Ethnicity and Nationalism is the rare book that makes the reader see the world differently, permanently.
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Are Scandinavian Countries Socialist?
Are modern Scandinavian countries actually socialist? This question must be asked because it is a common rhetorical device of “democratic socialist” politicians to wave away…
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Demise of ESG Investing Overstated
The Department of Labor’s recent notice of proposed rulemaking on environmental, social, and governance (ESG) factors in pension fund investments has received a lot of…
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The Socialist Temptation: Why Don’t People Remember the Horrors of Socialism?
Why are people still attracted to socialism when its history is plain for all to see? One reason is that those who proclaimed the dawn…
Reason
Capitalism Trumps Hate
Big business wasn’t exactly the first place activists looked for allies as the modern gay rights movement emerged. Large corporations have long been seen as…