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 problem is scarcity, not Disney’s prices
Disney doesn’t just offer admission to a theme park. It promises a magical experience. But when millions of people seek that experience, Disney must…
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GDP and the origins of prosperity
The United States is a wealthy and prosperous country. Historically, Americans have looked to Gross Domestic Product (GDP) to measure their prosperity. GDP…
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Fusionism in the Twenty-First Century
CEI’s Richard Morrison was listed by Reason in their symposium on the new book Fusionism. Contributions to the symposium are: Elizabeth Corey,…
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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…