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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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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Free the Economy podcast: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
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Free Trade Challenges: Tariffs, Concentrated Benefits, and Diffused Costs
Tariffs hurt more people than they help. So why do those outnumbered few keep winning so many political victories at the majority’s expense? The answer…
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How Free Is Your State?
Our friends at the Cato Institute have a great new promotional video for the latest edition of their annual Freedom in the 50…
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Hernando de Soto: How To Make the Third World Richer than the First
Our good friend Nick Gillespie interviews Peruvian economist and property rights activist Hernando de Soto about the future of prosperity in the developing world, and…
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Traders of the Lost Ark
View Full Document as PDF With contributions by Fred L. Smith Jr., Marc Scribner, Daniel Press, and Ryan Khurana Profiles in Capitalism August…
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Debunking the (Plastic) Straw Man Arguments
Of all the consumer products one might have expected to become a flashpoint for political controversy, the humble plastic drinking straw is an unlikely contender.
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Made in Mékhé: An African Entrepreneur Makes the Case for Economic Freedom
When I was in Atlanta last month for the Foundation for Economic Education’s annual conference, FEEcon, I heard a lot of messages of…