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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Avoiding Passive Income Scams
Recently, on episode three of the Free the Economy podcast (about 5:30 in), we discussed the promise and perils of “passive income” investments. On…
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Free the Economy Episode 5: Corporate Purpose and ESG with Russ Greene
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the economic and cultural impact of YouTube,…
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Adam Smith, Greek Tragedy, and Public Policy
In high school civics classes, Adam Smith is a cartoon character. Like Mr. Burns from The Simpsons, he is portrayed as selfish, cold, and calculating.
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GDP Shrinks: The Good and the Bad
The advance estimate for 2022’s first quarter gross domestic product (GDP) is in, and the news is not good. Adjusting for inflation, GDP shrank…
Action Institute
Do Libertarians Have a Political Home Anymore?
For many years, libertarians and economic conservatives lived in harmony. The philosophy of fusionism said that the conservative party, when it governed, would seek to…
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The Updated Case for Free Trade
Trade is a core value of civilization. The very act of trade implies respect for people’s rights. Suppose you have something I want. I could…
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Pay College Athletes
No March Madness tournament would be complete without at least one school being caught paying its players in violation of NCAA rules. This year, the…
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Climate Overreach at the SEC: What Comes Next
The Securities and Exchange Commission (SEC) today voted to recommend new proposed rules by which public companies would be required to disclose additional information about…
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Correcting a Couple of Inflation Whoppers
Over at National Review’s Capital Matters site, I have a piece pointing out that today’s high gas prices aren’t caused by inflation. They’re caused…
