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

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Trump’s newborn nest egg accounts
In the face of recurring economic shocks—we’ve suffered 9/11, the 2008 financial crisis, and COVID-19 in the 21st century alone—the reflex to throw hundreds of…

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How IAIS advances DEI policies
As explained in an earlier blog post, the National Association of Insurance Commissioners (NAIC) has drifted away from its mission and is actively working…

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Free the Economy podcast: Waste, fraud, and tax hikes with Emily Ekins
In this week’s episode we cover workplace injuries, MAGA antitrust in theory and practice, portable benefits for gig workers, and the…
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Relearning Old Lessons about the Minimum Wage
The question of the minimum wage is a hot topic this week, as the voters of the District of Columbia just approved Initiative 77, …
Blog
‘I, Whiskey’ Nominated for 2018 Reason Video Prize
Thanks to the great Nick Gillespie of Reason for Friday’s exciting announcement that the Competitive Enterprise Institute short film “I, Whiskey: The Human…
Blog
Messages of Freedom and Hope from FEEcon
Last week I was in Atlanta enjoying the excitement and intellectual ferment of FEEcon, the annual conference held by the Foundation for Economic Education.
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Good News for Young Lemonade Stand Entrepreneurs
Every summer there are news stories about local authorities shutting down children’s lemonade stands over lack of licenses, permits, a lack of restaurant-grade kitchen or…
Blog
How Socialism Devastated Venezuela
I’m attending FEEcon, the annual conference held by the Foundation for Economic Education, this week, and there’s an overwhelming number of great speakers…
Op-Eds
Do-er/Thinker Alliances: How Capitalists Can Defend Capitalism
The Fraser Institute of Canada just released a new book called Demographics and Entrepreneurship: Mitigating the Effects of an Aging Population. The book contains a series of 10…
Blog
Did You Hear the One about the Entrepreneur?
When putting together a chapter on entrepreneurship and regulation for the Fraser Institute’s new book “Demographics and Entrepreneurship: Mitigating the Effects of an Aging…
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A New Bibliography for the Platform Economy
The future has arrived, and it is a radically different economy. Havas Media’s Tom Goodwin pointed out in 2015, “Uber, the world’s largest taxi…
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Prof. Rajshree Agarwal on the Rubin Report: The True Value of Free Enterprise
I’ve been interested over the last several years to see Dave Rubin’s metamorphosis from stand-up comedian to podcast co-host to serious public affairs…
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What’s Driving the New Economy: Reviewing ‘Tomorrow 3.0’
We truly do live in amazing times. And according to Michael Munger, who directs Duke University’s multidisciplinary PPE program (it stands for Philosophy, Politics, and…
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Track How Humans Are Making Progress around the World
For several years now, HumanProgress has been an excellent source of data and scholarship on major demographic trends around the word. As longtime fans know,…
Blog
Tax Complexity a Major Headache for Small Businesses Online
For a lot of small businesses in America, taxes are not just an expensive hassle but a scary, anxiety-inducing ordeal. Taxes are the…
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Natural Isn’t Necessarily Better: Celebrating Human Achievement
Human Achievement Hour is the Competitive Enterprise’s Institute’s annual celebration of innovation and progress. During this hour, people around the world pay tribute to the advancements that inventors…
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History Lesson in Technological Optimism: Simon, Jevons, and Lardner
Through his publications and scholarly work in the 1980s and 90s, the economist Julian Simon challenged the conventional wisdom and the intellectual position of the…
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Hernando de Soto Wins Julian Simon Memorial Award
It is enormously gratifying that this year’s winner of the Julian Simon Award is Hernando de Soto, whose work around the world to define,…
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Gains from Automation Create Path to Greater Prosperity
Automation has become somewhat of a dirty word recently. Fear of mass unemployment and widening inequality has led to calls for greater regulations of technology…
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Human Achievement Benefits Nature’s Creatures—Including Pets
Environmental activists want you to “take action for our planet and nature” by sitting in the dark for an hour on March 24th. But…
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Impressive Work on Display by Students for Liberty
Congratulations are in order to our friends at Students for Liberty and their CEO Wolf von Laer on a successfully annual conference recently held here…
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What Will You Achieve with Your 8,760 Hours?
Several years ago CEI launched Human Achievement Hour, an annual celebration of innovation and progress. During this hour—this year, Saturday, March 24th from 8:30pm to…
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‘Fair Shot’ by Chris Hughes: Facebook Co-Founder’s Book Rich in Anecdote and Emotion
Chris Hughes, the co-founder of Facebook, has a new book out with a dramatic suggestion for changing the distribution of wealth in the United States.
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Happy Birthday to Adam Smith’s ‘Wealth of Nations’
Being able to make voluntary transactions with others while having redress in the case of fraud sets the stage for larger, more complex, and longer-term market…
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Tracking Public Opinion on Trump, Tariffs, and Trade
A Pew study noted that Republicans’ views on free trade shifted in a more negative way during the 2016 presidential campaign, while Democrats’ views…
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Millennials Love Entrepreneurship But Skeptical of ‘Capitalism’
If we want Millennials to have a greater appreciation for the virtues of capitalism, we need to convey how their entrepreneurial aspirations can only be made possible…
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Seeing How People Really Live around the World
A recent TED Talk by Anna Rosling Rönnlund features images collected by photographers dispatched to 264 different homes in 50 countries around the world. They document the stoves, bed,…
The Washington Times
Democratic Governors Outsource Climate Campaigns To Activist Groups, Emails Reveal
The Washingotn Times quoted Chris Horner on the cache of emails obtained by the Competitive Enterprise Institute through use of open records requests which shows…
Valuewalk
Time To End The GSE Conservatorship
When other financial institutions that received TARP funds paid back what they owed to the U.S. Treasury in full, the government relinquished its ownership stake…
Forbes
Online Gambling — None Of Washington’s Business (But Its Enemies Don’t Care)
Forbes cited Michelle Minton on the history of Pennsylvania Representative Charlie Dent and others to pass an amendment illegalizing state-based internet gambling within the state…
Blog
The Politics of Groundhog Day
In honor of the classic Bill Murray film “Groundhog Day,” Reason TV has released a “horrifyingly relevant” parody video about the seemingly endless national…
Blog
Young Americans’ Disdain for Capitalism Misplaced
The enmity that many young Americans hold towards capitalism can be attributed to ideological and partisan predispositions, personal experiences during the Great Recession, the ensuing…
U.S. News & World Report
Cutting Off Consumers
A new regulation will burden low- and middle-income Americans reliant on payday loans. The Consumer Financial Protection Bureau just released a new rule against payday…
Las Vegas
Think Tank Releasing Report On New Jersey Challenge To Sports Betting Act
Las Vegas Review-Journal quotes Michelle Minton the impact on consumer freedom which a federal sports gambling known as PASPA poses. When the U.S.
USA Today
Businesses Already Serve a Social Purpose
BlackRock CEO Larry Fink’s letter to CEOs demanding that their companies “serve a social purpose” is the latest example of what economist Milton Friedman dubbed…
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Understanding the Weird and Wonderful with Pete Leeson
Prof. Pete Leeson’s recent book teaches readers how to use economic thinking to reveal the hidden sense behind seemingly senseless human behavior.
Blog
Here’s to the Side Hustlers
The rise of self-employment apps like Uber and TaskRabbit, where people decide when to work and how many jobs, rides, or gigs to take on,…
Blog
Federalist Society Documents ‘American Spirit’ of U.S. Distilling
The Federalist Society has produced an excellent new short film out about the history of alcohol regulation.
Blog
Justice Department Breaks Trump Vow to Leave Marijuana up to States
It is Congress’s responsibility to finally update federal drug laws in a way that reflects America’s changing values and priorities. …
Blog
Business World Lessons from the Silicon Valley International Film Festival
Business relationships are about serving the customer and creating win-win transactions.
Intercollegiate Studies Institute
What Should Direct Our Economy: The Invisible Hand or the Iron Fist?
You probably heard: a recent poll found that nearly half of American millennials would rather live under socialism than capitalism. To anyone old enough to remember…
Blog
President’s Fall Policy Update
We have measures and very clear guideposts to tell us if we are on the right path.
Blog
Raising a Glass to Repeal Day
This week we celebrated the 84th anniversary of the end of Prohibition with Repeal Day.
Blog
Economic Lessons of Thanksgiving
The history behind Thanksgiving can teach us valuable lessons about how we can and should live together with our fellow Americans.
Blog
This Thanksgiving, I’m Thankful for Hysterical Net Neutrality Advocates
Do you want private entities in a marketplace in charge or do you want government regulators calling the shots?…
Blog
Framework for a Free Society: Celebrating the Ideas of Bruno Leoni
People can manage their affairs, even drawing and administering the lines between right and wrong, without legislators and bureaucrats.
Blog
Will New Zealand Forget the Benefits of Economic Freedom?
As an Australian, there are two things I have always admired about New Zealand—their remarkable national rugby team and their stunning embrace of…
Blog
An Appreciation: Atlas Shrugged at 60
Sixty years ago this month, Ayn Rand’s monumental novel, Atlas Shrugged, was published. It helped a vast number of people around the world to become…
Blog
An Anniversary Toast for I, Whiskey
It’s been a tremendous year since we released I, Whiskey on YouTube and Facebook and co-hosted our red carpet premiere with the Distilled Spirits Council…
Blog
Fighting for Our Right to Party at WhiskeyFest
Don’t be afraid of sticking up for your favorite things – there’s always someone looking for the weakest target to tax, regulate, and restrict. If…
Blog
Celebrate National Coffee Day
In the modern American workplace, many people see coffee as essential to productivity and for socializing around the coffee machine, which makes it unsurprising that…
Blog
Taxes, Welfare, and Economic Inequality
At a time when comprehensive tax reform is dominating news headlines, concerns about income inequality and the distributional effects of future tax changes are again…
Blog
Human Freedom Is Key to African Prosperity
Earlier this week at a presentation to the Cato Institute, authors Greg Mills, Jeffrey Herbst, Olusegun Obasanjo, and Dickie Davis, discussed their new book…
Blog
Google Employees Hear Moral Case for Fossil Fuels
Everyone, especially Silicon Valley's tech elite, needs to understand the human value of fossil fuels.
Blog
Beacon Center Nominated for Templeton Freedom Award
Congrats to the hard-working folks of the Beacon Center of Tennessee for their “Tackle the Hall Tax” advocacy campaign…
Blog
Why Should Millennials Want to Shrink Government Bureaucracy?
Free markets and limited government are for every generation.
Blog
CEI Film ‘I, Whiskey: The Human Spirit’ on Tour
"I, Whiskey" is back on the road this fall with three festivals in California.
Blog
Why Africa Needs Economic Freedom
That is the topic I presented earlier this week as part of the panel discussion, Perspectives on African Development, at the Department of State’s…
Blog
Happy 25th to the State Policy Network
The State Policy Network is an impressive organization that helps improve the effectiveness of nonprofit organizations and nonprofit leaders at the state level across the…
Blog
Why Economic Freedom Is the Best Weapon against Poverty
This blog post is adapted from a speech delivered to the Foreign Service Institute at the United States Department of State on August 29, 2017.
Blog
Occupational Licensing Reform in the Beehive State
Occupational licensing reform is a winner in terms of giving the working poor greater opportunities to earn a living…
Blog
Understanding Spontaneous Order with ‘It’s a Wonderful Loaf’
Sound economic thinking combined with an artistic, poetic presentation can reach both the hearts and minds of people across the political spectrum.
Blog
Happy India Independence Day
Today is the 70th anniversary of India’s independence from the United Kingdom, and the nation of 1.3 billion people has seen dramatic economic and social…
Blog
Anthem Film Festival Award Winners
In addition to dozens of panels, debates, and presentations over the four days of FreedomFest 2017, attendees were also treated to the movies presented at…
Blog
The Other Kind of Documentary
Nothing energizes a web video producer more than showing their film to a live audience.
Blog
FreedomFest Explores ‘New Frontiers’ in Liberty
CNN’s Chris Moody recently reported from FreedomFest, the pro-liberty political conference that’s been hosted for the last 10 years in Las Vegas.
Crowdfund Insider
“Sarbanes-Oxley Is Shutting Out Average Investors from the Early Growth Stages of the Next Cisco & Starbucks”
Crowdfund Insider covers John Berlau’s testimony on Sarbanes-Oxley before the Subcommittee on Capital Markets, Securities, and Investment (Financial Services). … In…
Main Street Radio Network
AUDIO: Fred Smith Discusses Capitalism on the Alan Nathan
Founder of the Competitive Enterprise Institute and President of the Center for Advancing Capitalism, Fred L. Smith, Jr., discusses capitalism on the Alan Nathan Show…
Blog
Conservatives International Brings Pro-Liberty Activists Together
Our friends at Conservatives International published a great short video this week featuring CEI’s own Iain Murray.
Blog
Fred Smith on Free Markets, Trump, and Climate Change
Fred Smith talks with the PanAm Post at a recent conference on international politics in Miami, Florida.
Blog
Is Greed Really Good for Business?
Is the for-profit world only about making profits and nothing else?…
News Release
CEI Comments on Amazon’s Plan to Buy Whole Foods
Amazon’s recent announcement of its plan to buy the grocery chain Whole Foods has set off a series of questions and speculation. CEI experts on…
Blog
The Key to Prosperity in the Southern Hemisphere and around the World
We have the potential to put developing economies on a path to avoid the mistakes made in America and among our European friends.
Blog
Emoluments Clause Does Not Ban Sales to Foreigners
The Constitution is not hostile to the free market or international trade. Indeed, many…
Blog
CEI in Wonderland: The 2017 CEI Dinner Movie
This year, inspired by Lewis Carroll's famous characters, our theme was “Through the Looking Glass: Washington Gets Curiouser and Curiouser.”…
Blog
Through the Looking Glass: Washington Gets Curiouser and Curiouser
The following remarks were delivered by CEI President Kent Lassman at CEI’s Annual Dinner and Reception held on June 7, 2017. Thank you. Despite her…
Blog
Capitalism for the Little Guy
One of the single greatest achievements in human history has been playing out almost unnoticed over the past few decades.
Blog
Remembering Aaron Wildavsky
Aaron Wildavsky, born on this day in 1930, died tragically and all too young in 1993, but left behind an incredible legacy in the public policy…
Blog
Cheers to Whiskey, the ‘Oil of Conversation’
Whiskey culture is characteristically welcoming, with whiskey makers and aficionados ever eager to share a dram and a story.
Blog
Center for American Progress’ Make-Work Scheme Needs Details
A debate over income inequality and job growth is worth having.
Blog
The Politics of Children’s Literature
Liberty-loving individuals with children in their lives should take a second look at what’s on the shelf.
Blog
Learn Liberty on Capitalism and Liberation
Learn Liberty’s recent video, featuring historian Thaddeus Russell, highlights how capitalism created an environment where women were increasingly free to make their own decisions and…
Blog
Archbridge Institute Releases Optimistic New Research on Economic Mobility
The best way to encourage more economic mobility is to foster a cultural and regulatory environment where innovation, openness, and change are encouraged.
Blog
How Payday Lenders & Check Cashers Help the Poor
Our friends at Reason TV have another fascinating video out on the ethics and politics of short-term financial services like payday lending and check cashing.
Blog
White House Should Drop Support for Cronyism of Export-Import Bank
With the Trump administration’s early emphasis on deregulation, there was hope that cronyist agencies such as the Export-Import Bank, Overseas Private Investment Corporation, and Economic…
Blog
Lessons from a Humble Pencil about Economics and the World
On National Pencil Day, we salute this marvel of capitalism and Leonard Read’s classic story about an everyday object.
Blog
March 27 Is International Whisk(e)y Day!
Cheers! It’s International Whisk(e)y Day! Not to be confused with World Whisky Day (May 20). What should you do to celebrate? Anything you like! International…
Blog
Cheers to the Whiskey-preneurs
On International Whisk(e)y Day, we toast this spirit’s storied history and the countless individuals responsible for its global renaissance today.
Blog
Let’s Make a Commitment to Human Ingenuity
Tomorrow, between 8:30 and 9:30 PM, environmental activists will show their commitment to Mother Nature by sitting in the dark for so-called “Earth Hour.” But…
Blog
On Tour with U.S. Chamber’s ‘Let’s Grow’ Campaign
While the policy landscape is far from perfect, we have the best opportunity in a long time to clear the field for growth and prosperity…
Blog
Low-Cost Private Schools a Success for Developing World Families
Education reform advocates in the United States have a lot to learn from low-cost private schools in the world's poorest communities.
Blog
Gates Foundation Should Credit Market Reforms for Poverty Reduction
The Bill and Melinda Gates Foundation should give greater credit to the proven economic reforms that have spurred development throughout the world.
Blog
“I, Whiskey” Screens at the Oxford Film Festival
Richard Morrison and Amanda France recently presented the CEI film "I, Whiskey: The Human Spirit" at the Oxford Film Festival.
Blog
Economic Freedom in the U.S. Fell Last Year Due to Rising Regulatory and Tax Burdens
The United States recently slipped to its lowest level yet in world rankings of economic freedom compiled by the Heritage Foundation and The Wall…
Blog
Celebrate Hans Rosling’s Fact-Based Optimism about Our World
Fans of free markets and limited government were often especially disposed admire Hans Rosling, given his relentless debunking of scare stories that are often used…
Blog
Companies Make a Play for Hearts and Minds with Super Bowl Ads
Corporations are in trouble – people see more bad than good in corporate America, even though they may like and enjoy their products.
Blog
Deregulate to Speed Recovery from ‘Creative Destruction’ of Trade and Innovation
Government regulation limits the ability of individuals and businesses to recover from normal economic setbacks.
Blog
The Super Bowl: Not Just for Football Fans
The Super Bowl is perennially one of the most-watched TV events around the world, so it’s no surprise that millions of people find reasons to…
Blog
Harry Potter and the City Council Chambers
The MacIver Institute documents the temptation of local governments to spend taxpayer money on “economic development” projects and tourist events.
Blog
Burns Night Cheers
Tonight, friends at home and abroad gather both for Burns Night and the International I, Whiskey Watch Party to salute the individuals— freedom fighters, innovators,…
Blog
Learn Liberty Asks: Are Millennials Actually Lazy?
Jared Meyer, discusses his book "Disinherited: How Washington Is Betraying America’s Young" with Learn Liberty’s Evan Swarztrauber.
Blog
Where Have All the Startups Gone? New Research from eBay and EIG
Recently eBay’s public policy team here in Washington, D.C. presented a fascinating program on economic growth and new business start-ups.
Blog
‘I, Whiskey’ Honored at Southern Shorts Film Festival
At the Southern Shorts Awards in Roswell, Georgia last weekend, I, Whiskey: The Human Spirit made its big screen debut as one of the top…