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…
Reason
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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‘Fair Shot’ by Chris Hughes: Facebook Co-Founder’s Book Rich in Anecdote and Emotion
Chris Hughes, the co-founder of Facebook, has a new book out with a dramatic suggestion for changing the distribution of wealth in the United States.
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Happy Birthday to Adam Smith’s ‘Wealth of Nations’
Being able to make voluntary transactions with others while having redress in the case of fraud sets the stage for larger, more complex, and longer-term market…
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Tracking Public Opinion on Trump, Tariffs, and Trade
A Pew study noted that Republicans’ views on free trade shifted in a more negative way during the 2016 presidential campaign, while Democrats’ views…
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Millennials Love Entrepreneurship But Skeptical of ‘Capitalism’
If we want Millennials to have a greater appreciation for the virtues of capitalism, we need to convey how their entrepreneurial aspirations can only be made possible…
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Seeing How People Really Live around the World
A recent TED Talk by Anna Rosling Rönnlund features images collected by photographers dispatched to 264 different homes in 50 countries around the world. They document the stoves, bed,…
The Washington Times
Democratic Governors Outsource Climate Campaigns To Activist Groups, Emails Reveal
The Washingotn Times quoted Chris Horner on the cache of emails obtained by the Competitive Enterprise Institute through use of open records requests which shows…