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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Foreign automakers’ threat to exit US market illustrates Trump tariff consequences
Foreign automakers are reportedly threatening to pull their most affordable models out of the US market if terms of the US-Mexico-Canada Agreement aren’t renewed. The…
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Let’s put the next SpaceX in our 401(k)s before its launch onto public markets
As Artemis II achieved liftoff for the first moon voyage in more than 50 years, space news also rocked the investment world with the breaking…
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The consequences of American socialism: A review of John Kenneth Galbraith’s Economic Development
John Kenneth Galbraith’s 1963 book Economic Development asks the same question Adam Smith asked: where does wealth come from? His answers are very different…
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5 Great Books on Politics and Public Policy from 2016
A lot of interesting books on politics, economics, and public policy were published over the last twelve months. It can be difficult, though, finding the gems…
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Some Advice for Trump Appointees
Your role in the new administration is to propose ways of restoring limited government – by privatization, deregulation, extending property rights, and taking on the…
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Ratios, Not People: The Wrong Approach to Inequality
Thomas Piketty, the best-selling author of Capital in the 21st Century, has a new paper on economic inequality with coauthors Emmanuel Saez and Gabriel Zucman.
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RealClear Radio Hour: Western and Soviet Politics
In this episode, historian Andrew Roberts and Russian émigré Alexander Markovsky compare Western and Soviet politics.
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Fidel Castro, Longtime Dictator of Cuba, Dies
The longtime dictator of Cuba, Fidel Castro, died Friday at the age of 90.
Forbes
Lessons From A Decade Of “Conscious Capitalism”
What can 220 CEOs learn at a “Conscious Capitalism” conference? Perhaps valuable insights into the purpose and value of their businesses. Perhaps also, ways to…