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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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…
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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…
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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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Search for the Hand: 2019 CEI Dinner Movie
Last night was the Competitive Enterprise Institute’s 35th anniversary dinner and gala here in Washington, D.C., and a crowd of several hundred friends and supporters…
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Political Realignment Is Big Problem for Free-Market Supporters
Angela Nagle, an economic nationalist and author of “Kill All Normies,” recently argued on a podcast that, “Conservatives are starting to have these interesting debates…
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VIDEO: How to Become a Federal Criminal
Have you ever made an unreasonable gesture to a passing horse in a national park? If so, you are already a federal criminal. For the…
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This Summer, Celebrate Lemonade Freedom
There is good news for young entrepreneurs coming out of the Lone Star State, as Texas Gov. Greg Abbott (R) recently signed a bill allowing…
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Does Capitalism Destroy Culture?
Capitalism’s critics claim that the pursuit of profit can become like a black hole, consuming all of our attention and energy at the expense of culture.
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Corporate ‘Power’ Is Limited and Temporary—Government Power Is the Real Threat
An Axios article today examines for-profit companies taking public positions on controversial political issues, carrying the headline “When companies act like governments.” Reporter Erica Pandey…
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This Month, Take Pride in Abundance and Opportunities of Capitalism
June is Pride Month, when gay, lesbian, bisexual, transgender, and other not-straight people celebrate with a variety of events, including activism, parades, and concerts. As…
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Addressing the Gender Pay Gap: Culture, Not Legislation
Gender discrimination is a complex problem with a complex solution.
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VIDEO: Ending Police Harassment of Small Business in India
Our friends at the Atlas Network have an excellent new video out about legal reform in India that is helping small businesspeople stand up to…
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Corporate Virtue in Eye of Beholder
The main impression I’ve gotten from much recent reporting on the ethical behavior and social responsibility of business is that its value depends greatly on…
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VIDEO: What Is the ‘Social Responsibility’ of Business?
Recently I was in the audience for an interesting panel discussion, hosted by the Federalist Society, on corporate social responsibility. Should corporate managers only work…
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Chain Stores Are Part of Civil Society Too
I recently reviewed the book “Alienated America” by Washington Examiner editor Timothy Carney, and I’d like to return to one of the observations he made…
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REVIEW: ‘Honorable Business’ by Prof. James Otteson
I wrote up some initial impressions about the new book on business ethics, “Honorable Business: A Framework for Business in a Just and Humane Society,”…
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VIDEO: Cheers to Food Truck Freedom
Congratulations to mobile food vendors Benny Diaz and Brian Peffer—and their attorneys at the Institute for Justice—for scoring a victory for freedom of food commerce…
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Trade War State of Play: China, USMCA
If President Trump’s trade war has a single takeaway, it is this: Raising tariffs is an ineffective bargaining strategy. When the U.S. raises its tariffs,…
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VIDEO: Report Card on Regulatory Reform
Earlier this week I had the good fortune to spend some time at the historic Mayflower hotel here in Washington, D.C. attending the Federalist Society’s 7th…
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Costs of Unequal Treatment of Citizens by Abandoning Negative Rights for a Positive Rights Framework
To many classical liberals (or libertarians), it is primarily the individual’s right of self-defense that is delegated to a government. We cannot unilaterally commence the…
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How Julian Simon Defeats Thanos
“The universe is finite, its resources finite. If life is left unchecked, life will cease to exist.” With those simple words, the Marvel supervillain Thanos…
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New Civil Liberties Alliance Sounds Alarm on Unconstitutional Government
The New Civil Liberties Alliance hosted a very interesting event this week, as part of its “Lunch and Law” speaker series, featuring remarks by Hudson…
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Insights from James Otteson’s ‘Honorable Business’
I’ve been reading a new book on business ethics, “Honorable Business: A Framework for Business in a Just and Humane Society,” and it has some…
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VIDEO: Johan Norberg on Resource Scarcity vs. Abundance
It’s an old argument: as population increases and we use up more of the earth’s natural resources, everything is become more scarce. Soon the pressures…
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New Study: The Case against Antitrust Law
Antitrust regulation is a complex, multifaceted issue. It brings together insights from law, economics, political science, history, philosophy, and other disciplines. Right now both political…
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Americans Optimistic about Role of Tech and Platforms
At a time when big tech companies are being attacked over bigness, privacy, elections, and the ordering of their news feeds, the Charles Koch Institute…
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REVIEW: ‘Alienated America’ by Timothy P. Carney
Tim Carney’s new book on social alienation and U.S. politics, “Alienated America: Why Some Places Thrive While Others Collapse,” raises the bar for Trump-era political…
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Sharing Economy Is Opposite of Servant Economy
In a bleak take on the sharing economy, Atlantic writer Alexis C. Madrigal says it has created a “servant economy,” where sharing economy platforms provide…
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VIDEO: What Do Entrepreneurs Actually Do?
Our friends at the Foundation for Economic Education have a new video that gives a great short introduction to entrepreneuship, and what businesspeople actually do…
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VIDEO: Building a Living on eBay
At a time when socialism seems determined to crawl back from the dustbin of history, it can be a challenge defending the moral legitimacy—and humanity—of…
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VIDEO: Deirdre McCloskey on “Bourgeois Dignity”
Given that it is International Women’s Day and almost CEI’s 35th anniversary, today is an excellent day to celebrate the impressive legacy of economist (and…
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VIDEO: Gig Economy Is Here to Stay
Our friends at the Federalist Society are back with a new video on the gig economy, “Here to Stay: The Modern World of Hospitality,” examining…
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Tim Carney on ‘Alienated America’
Our old friend (and former CEI Warren Brookes Journalism Fellow) Tim Carney has a new book out, “Alienated America: Why Some Places Thrive While Others…
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Economics of Green New Deal: More Red Than Green
My colleagues have written elsewhere about the energy and environmental components of the “Green New Deal” proposals that have been enthusiastically agreed to by most…
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Ominous Parallels: Were AOC and LaRouche Secretly Working Together?
It seems like an odd coincidence that legendary American political cult figure Lyndon LaRouche would pass away the same week that the Green New Deal…
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VIDEO: Thanos Was Wrong about Humanity
Our friends at the American Enterprise Institute have a great video series in which they explain important issues, each in only 60 seconds. A very-short format like this…
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VIDEO: What Beer Can Teach Us about Well-Crafted Laws
Our friends at the Federalist Society have released a fun and informative new short film on the history of beer and alcohol regulation. …
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Introducing a Free-Market Agenda for Accountability and Prosperity
The governance of American life has been handed over to an operating system that subtly and perversely drives individuals’ behavior away from their own decisions.
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The Legacy of Economist Harold Demsetz (1930-2019)
Economist Harold Demsetz, a Chicago school theorist who was one of the pioneers of the approach now called New Institutional Economics, had died. The former…
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A Free-Market Agenda for the 116th Congress
After a contentious election season, we look forward to the nation’s elected representatives rolling up their sleeves and getting to work. Divided party control in…
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Iconic NYC Bookstore Owner Pleads: Don’t Landmark My Property
Our friends at Reason have been following a fascinating story unfolding in New York City, in which a business owner is trying to fend off what many people would…
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Best Books of 2018: Life after Google
Are Tucker Carlson’s predictions of Google taking over the future keeping you up at night? Sooth yourself with the creative destruction described in “Life after…
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Best Books of 2018: Suicide of the West & Enlightenment Now
Goldberg’s “Suicide of the West” is a literate, snappily written, and often humorous defense of Enlightenment values and a broadside against populism. Steven Pinker’s “Enlightenment…
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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…
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Wealth in Disguise: Why Halloween Costumes Are Better Than Ever
Before we bid farewell to Halloween week 2018 for good, let’s take a chance to glean an economic lesson from the piles of candy, cardboard…
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Is Capitalism Destroying Democracy?
When Duke University historian Nancy MacLean released her book “Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America” last Summer,…
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Mapping Public Policy Wins at the State Level
The fine folks at the State Policy Network deserve well-earned congratulations on the completion of yet another successful annual meeting, this year co-sponsored by…
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Help the Poor by Making Their Lives Less Expensive
The Cato Institute’s Ryan Bourne has a great new study (and accompanying video) out about social welfare, government spending, and regulatory reform.