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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The Democracy They Warned Us About
The Democratic Socialists of America, an insurgency within the Democratic Party, is having a moment, and it is showing us something worth noticing: This…
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One lesson socialists forgot: Price controls never work
Socialists in both parties may feel they are offering fresh solutions to today’s problems, whether it is government-run grocery stores from Democrats or…
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Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
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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…
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Retro Review: The Year Civilization Collapsed
This review of Eric H. Cline’s 1177 B.C.: The Year Civilization Collapsed, was originally published at Inertia Wins. Despite covering events in the ancient past,…
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Retro Reviews: An Introduction
Political news and analysis always suffers from a recency bias—we tend to assume that the latest analysis and reportage is superior to what was posted…
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Pandemic Economy: Toilet Paper Supplies Stretched, But Strong
American consumers, worried about the future of the coronavirus pandemic have continued to buy out available stocks of key products. However, temporary shortages are the…
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Sen. Toomey Defends Capitalism
This week Sen. Pat Toomey gave an excellent and much-needed speech at the Heritage Foundation on capitalism and its right-leaning critics. Toomey made clear that…
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Big-Mouth CEOs Less of a Threat than Crusading Politicians
Free-market advocates are understandably skeptical of “stakeholder” capitalism—the idea that corporate managers should focus not just on returns to shareholders, but on pleasing a potentially…
