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 cold wind of socialism
In an episode of the Netflix series The Crown, an aging Winston Churchill refers to the Labour Party’s return to power as the “cold…
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Trump’s ‘Golden Share’ breaches government’s proper role
On June 13, President Trump issued an executive order declaring that the proposed acquisition of U.S. Steel by Japan’s Nippon Steel…
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Trump’s newborn nest egg accounts
In the face of recurring economic shocks—we’ve suffered 9/11, the 2008 financial crisis, and COVID-19 in the 21st century alone—the reflex to throw hundreds of…
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Free Market Groups Putting Property Principles into Action
When I told a friend some years ago that I was going to be working in a think tank, he replied, “Huh. I always wondered…
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Three Economists Had the Answer to the President’s Questions
Last night at the State of the Union, the President asked three questions regarding domestic policy (I’ll leave the foreign policy question to others). They…
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Much to Be Thankful For
Thanksgiving is tomorrow, and all of us have much to be thankful for. Over at Inside Sources, I have a Julian Simon-inspired take on the…
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Thanksgiving: Massachusetts Discovers Property Rights
Thanksgiving is a day layered in tradition and myth. The standard story makes much of the creative efforts of our ancestors, the assistance provided by…
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A Fundamental Misunderstanding of Free Enterprise
Today, in The Guardian, columnist Zoe Williams repeats an idea often advanced by progressives, that entrepreneurial activity is dependent on the action of others, especially “government,”…
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Anti-Capitalism on Campus
Prof. Brad Thompson of Clemson University writes this week in Minding the Campus on the impact of corporate donations to institutions of higher education. In particular, he describes…
