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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Foreign automakers’ threat to exit US market illustrates Trump tariff consequences
Foreign automakers are reportedly threatening to pull their most affordable models out of the US market if terms of the US-Mexico-Canada Agreement aren’t renewed. The…
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Let’s put the next SpaceX in our 401(k)s before its launch onto public markets
As Artemis II achieved liftoff for the first moon voyage in more than 50 years, space news also rocked the investment world with the breaking…
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The consequences of American socialism: A review of John Kenneth Galbraith’s Economic Development
John Kenneth Galbraith’s 1963 book Economic Development asks the same question Adam Smith asked: where does wealth come from? His answers are very different…
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Best Books of 2018: Factfulness
Think Julian Simon, Matt Ridley, and Steven Pinker’s data-driven optimism, mixed with Michael Shermer and Bryan Caplan’s awareness of human cognitive biases, as told by…
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Fighting for Small Business: Whiskey Edition
This week marks the 85th anniversary of the end of Prohibition, and we still have a lot to learn from that dismal experiment in government overreach.
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Don’t Blame Google for a Feature Consumers Want
It’s very rare I disagree with the great freedom-loving journalist John Stossel, but his column at Townhall this week made me raise an eyebrow. In…
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New Ideas for Addressing Poverty and Inequality
While the political headlines this week are dominated by a public feud between the Secretary of the Interior and the likely incoming chairman of the…
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Freedom and Whiskey Go Together
Recently Dave Sussman of the show Whiskey Politics featured myself and my old pals Drew Tidwell and Helen Straight of Passing Lane Films on his…
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Happy 50th Anniversary to Reason
Congratulations to our friends at Reason magazine (and the Reason Foundation) on their golden anniversary. Some members of the Competitive Enterprise Institute team were recently…