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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Report considers economist Adam Smith’s guide to life, loveliness, and the modern economy
Upon the 300 year anniversary birth year of legendary economist Adam Smith, the Competitive Enterprise Institute today published a collection of essays exploring Smith’s…
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Free the Economy podcast: Liberty movement jobs with Claire Kittle Dixon
In this week’s episode we cover the war on prices, the great un-wokening of corporate America, the attack on credit card…
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Distinguished guests celebrate liberty movement jubilee
I recently returned to D.C. from Tampa, Florida, where I attended the 60th anniversary meeting (“Diamond Jubilee”) of the Philadelphia Society. For those who…
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Calling All Public Choice Scholars
Earlier this month the Cato Institute generously hosted a small roundtable discussion of CEI’s recent study “Virtuous Capitalism: Why there Is Less Corruption in…
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Virtuous Capitalism in Theory and Practice
Government is responsible for billions and billions of dollars of corruption and corporate welfare. Considering the potential returns on investment compared to honest entrepreneurship, it…
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Reviving Capitalism
The near-death and rebirth of American railroads is a case study in business leaders fending off regulation.
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Sell a Kidney, Save a Life
Last week I blogged about the idea that some things should not be part of a market economy, and highlighted one rather silly example of…
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Virtuous Capitalism, or, Why So Little Rent-Seeking?
The venerable Fred Smith and I have a new paper out today. Click here to read it. In the paper, we try to solve the Tullock…
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Virtuous Capitalism
Is there less corruption in business than we think?…