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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Free the Economy podcast: Climate policy endangerment with Marlo Lewis
In this week’s episode we talk about tariff refunds, Affordable Care Act subsidies, Ryan Young’s Books of the Year for 2025,…
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Trump’s baby accounts: Wealth builder or redistribution trap?
A White House roundtable this week spotlighted Michael and Susan Dell’s $6.25 billion philanthropic contribution seeding newborn investment “Trump Accounts” beyond the federal…
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Rare earths and China: Choose deregulation, not price controls
Treasury Secretary Scott Bessent threatened to implement price controls on unspecified goods if China continues to restrict rare earth mineral exports. Over at the…
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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.
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A Toast to the Sears Catalog
In retail, as in every industry, eras come and go. Few recent events mark the passing of an era like the announced bankruptcy of…
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David Henderson (1927-2018), RIP
We are sad to note the death of our good friend and strong ally, David Henderson, on September 30th in London. After a career as…
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How to Articulate a Free-Market Vision for the Future
The Competitive Enterprise Institute views most market failure rationales for government intervention as wrong, overstated, or unproven (or all of the above). The Competitive Enterprise Institute…
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Be a Giver with DonorsTrust and State Policy Network in Salt Lake City
This week the State Policy Network is holding its legendary annual meeting, this time in beautiful Salt Lake City, Utah. With hundreds of delegates from…
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New Study Reminds Regulators to Keep Focus on Consumer Welfare in Antitrust
Yesterday the good folks at the Information Technology and Innovation Foundation (ITIF) held an important and timely event on the future of antitrust policy. The splotlight…
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VIDEO: ‘Gov’ Is Back and He’s Here to Help
Our creative friends at the Independent Institute in California are back with an entertaining new video series that pokes fun at some of the…
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Making a Living with Free Speech
Free speech protections in the United States are pretty far reaching, including protections for commercial free speech and occupational free speech. If you…
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Congress Should Stay out of Sports Betting Regulation
For the first time in twenty-five years, Americans can legally wager on the outcome of sporting events outside of Nevada. Thanks to a Supreme…
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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…