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…
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WilliamsonHerald
Obituary: Dr. Christopher Lee Culp
WilliamsonHerald cites Competitive Enterprise Institute former adjunct fellow Dr. Christopher Lee Culp. It is with great sadness that the family of Dr. Christopher Culp shares…
Blog
High CEO Pay Isn’t Making Anyone Poor
While most American are still following the final vote counts in the 2020 presidential election, many lower-profile, but still important, issues have been decided at…
EP NewsWire
COMPETITIVE ENTERPRISE INSTITUTE: Record GDP Numbers: Good News and Next Steps
EP NewsWire cites CEI senior fellows Iain Murray and Ryan Young on economy and regulations. Ryan Young, CEI Senior Fellow: “Most of the talk…
Star Press
Star Press
The Star Press cites Competitive Enterprise Institute on Julian L. Simon Memorial Award. Each year since 2001, CEI pays tribute to free-market economist, professor and consummate…
Blog
Boeing Declines to Blackmail Washington Taxpayers, Threatened by Governor in Return
Boeing recently announced plans to consolidate all production of its 787 Dreamliner jet, moving some existing work from the company’s traditional home in Washington…
National Review
Davos Chief’s Call for Higher Taxes, More Regulation Would Mean Less Prosperity
Klaus Schwab, the founder of the World Economic Forum, which famously meets every year in Davos, Switzerland, is advising a “Great Reset” of economic policy…
Blog
Jean-Baptiste Say on Manufacturing Nostalgia and Industrial Policy
In his 1803 A Treatise on Political Economy, Jean-Baptiste Say writes: "Production is the creation, not of matter, but of utility." That captures one of…
Blog
Court-Packing Isn’t the Left’s Only Threat to the Supreme Court
The Left’s threat to the pack the Court by expanding the number of justices seems to be unpopular. But they have proposed other policies that…
Blog
CEI Presents the 2020 Julian L. Simon Award to Dr. Steven Horwitz
On September 30, the Competitive Enterprise Institute presented its 2020 Julian L. Simon Memorial Award to Dr. Steven Horwitz, Director of the Institute for the…
News Release
CEI Presents 2020 Simon Award to Economist Steven Horwitz
Today, the Competitive Enterprise Institute presents its annual Julian L. Simon Memorial Award Dr. Steven Horwitz, Distinguished Professor of Free Enterprise at Ball State…
Blog
Climate Cronyism: Big Businesses Tailor Policy to Benefit Themselves
A shorter version of this post was published as an op-ed in the Washington Examiner last week. The Business Roundtable (BRT), an association of…
Blog
Do We Want Corporations to Be Society’s Moral Referees?
The New York Times is observing the 50th anniversary of Milton Friedman’s famous article “The Social Responsibility of Business Is to Increase Its Profits”…
Blog
Socialism, Nationalism, and Political Control: Iain Murray on The Remnant
My colleague Iain Murray had a fascinating conversation this week with The Remnant’s Jonah Goldberg about his excellent new book, The Socialist Temptation.
Acton Line
AUDIO: The Socialist Temptation with Iain Murray
Acton Line Vice President for Strategy Iain Murray joins the Acton Line podcast to discuss The Socialist Temptation: In his new book, The Socialist Temptation, author Iain…
New Books Network
AUDIO: Iain Murray Discusses The Socialist Temptation on Regnery Gateway, 2020
New Books Network Vice President for Strategy Iain Murray joins New Books Network podcast New Books in Politics and Polemics to discuss The Socialist Temptation.
Blog
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…
Blog
Don’t Let Feds Become Investing’s Sheriff of Nottingham
Investing company Robinhood and its signature smartphone app have taken off in popularity in the last several months. According to Bloomberg, Robinhood has “catapulted ahead…
Blog
Retro Review: William H. McNeill – Plagues and Peoples (1976)
William McNeill was one of the 20th century’s leading big-picture world historians. Interconnectedness is a major theme of his work. Plagues and Peoples applies McNeill’s…
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.
Blog
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…
Blog
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…
Blog
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…
National Review
Socialists on the March
Last week, several self-proclaimed Democratic Socialists defeated long-serving Democratic incumbents in New York State primaries. One of the insurgents, Zohran Mamdani, tweeted out the words, “Socialism won.” His pinned tweet on…
The Capitalist League
Iain Murray: Socialism, Capitalism, and American Values
One of the most important things I learned at the feet of Fred Smith, founder of the Competitive Enterprise Institute, was that most Americans don’t…
Town Hall
Socialism and the Cultural Revolution
In the 1953 classic film The Wild One, a girl asks Marlon Brando’s smoldering Johnny Strabler what he is rebelling against. He answers, “What’ve you got?”…
National Review
Socialism and the Corporation: A Love-Hate Relationship
Socialists would rather the traditional American firm did not exist. Animosity towards the capitalist boss for reaping all the rewards of his employees’ labor, or (perhaps…
Epoch Times
Why ‘Socialism’ Sounds Like ‘American Values’ To So Many
The Epoch Times quotes CEI’s Iain Murray Support for socialism in America isn’t new, nor is the successful push for socialist policies. It seems…
Forbes
From SpaceX To George Washington: How Our First President Welcomed Balloon Flight And Predicted Air Travel
With its splashdown in the Gulf of Mexico, the SpaceX Crew Dragon became the latest vehicle to continue the tradition of manned flights taking off from and…
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…
Blog
The Socialist Temptation: Socialism and American Values
The way to reach people is by making sure a policy accorded with their values. In his new book, The Socialist Temptation, Iain Murray argues…
Blog
Wealthy Millennials Not So Concerned with “Socially Responsible” Investing
In the last few years advocates of corporate social responsibility theory have been assuring everyone who would listen that a new day is dawning for…
Blog
America’s Cultural Revolution
In his forthcoming book, The Socialist Temptation, Iain Murray talks about how socialism in China produced the Cultural Revolution. The text of the book was…
Blog
George Washington’s Fight (and Ours) against Regulation without Representation
Those who have followed CEI over the years know that one of our main grievances is “Regulation Without Representation.” The phrase—an apt description of laws…
Blog
Why George Washington Shouldn’t Be Canceled
The father of our country is making news, but for disappointing reasons. Washington was trending on Twitter after his statue was toppled in Portland. A private…
Blog
Secretary Scalia to Pension Funds: Manage for Returns, Not Virtue Signaling
In a Wall Street Journal op-ed, Labor Secretary Scalia explains the reasoning behind a proposed rule reaffirming that pension funds should focus on providing benefits…
Cato Journal
Book Review: The American Dream Is Not Dead (But Populism Could Kill It)
Capitalism’s populist critics, on both left and right, have got their critique backward—not only are earnings and economic opportunity not evaporating, as they claim, but…
Blog
Value of Employee Benefits in Eye of Beholder
Advocates of “social responsibility” and environmental, social, and governance standards for companies have little interest in their proposed requirements being voluntary, despite frequent protestations to…
Blog
“Social Responsibility” Expectations for Business Pivot from Voluntary to Mandatory
The Financial Times reported that many companies have cut dividends to shareholders because they are struggling with the current economic downturn. But even after we’ve…
Blog
My Answer to J.K. Rowling on What Cryptocurrency Is
To paraphrase a famous financial services commercial from the 1970s and 1980s, when J.K. Rowling asks, people answer. When the famed author of the Harry…
Blog
Lean on Business Leaders to Defend Markets
One on the main goals of the Competitive Enterprise Institute’s Center for Advancing Capitalism is for more business leaders to prioritize the defense of the…
Blog
Retro Reviews: Common Sense Political Economy
This review of Philip Henry Wicksteed’s 1910 textbook The Common Sense of Political Economy was originally published at Inertia Wins. Wicksteed was a leading economic…
Letters
CEI Joins NTU Leads 29 Free Market Organizations in Opposing Merger Ban Proposals
Dear Leader McConnell, Speaker Pelosi, Leader Schumer, and Leader McCarthy: On behalf of the undersigned organizations, representing taxpayers and free market advocates across the nation,…
Blog
Retro Review: Irving Kristol’s “Two Cheers for Capitalism”
Long before we began debating the wisdom of neoconservative foreign policy, Irving Kristol was writing about domestic economic policy and the future of capitalism. His…
Blog
New Profile in Capitalism: Ariel Corporation CEO Karen Wright
Some CEOs seem to have more hours in the day than others. Such is the case of Karen Wright, the head of Ariel Corporation, a…
Study
Profiles in Capitalism: The Role of the Business Leader in Public Affairs and Philanthropy
When Competitive Enterprise Institute (CEI) President Kent Lassman sat down to interview Ariel Corporation CEO Karen Wright at the CEI Summit in New Orleans in…
Blog
Retro Review: Vlad Tarko’s Biography of Elinor Ostrom
Elinor Ostrom’s pioneering work on “polycentrism,” the existence of multiple sources of government authority or power within a single political system, is especially relevant during…
Blog
Memo to BlackRock: Drop Activist Agenda, Focus on Recovery
Should large institutional investors find and support profitable firms or adopt the tactics of left-wing pressure groups to force companies into adopting a political agenda?…
Blog
Robots Are Here to Make Your Job Safer and Cleaner
Positive stories about win-win results from the march of automation are everywhere in our economy, but they don’t get told and repeated enough. The workers…