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.
Featured Posts
Blog
Bees are flourishing again. Thanks, capitalism!
You can relax, everyone: The honeybees are back. As Andrew Van Dorn of the Washington Post reported recently, America suddenly now has a record…
The Center Square
FACT CHECK: Biden touts inflation has “fallen”
CEI’s Ryan Young is cited in The Center Square on a Biden fact check: Ryan Young, senior economist at the Competitive Enterprise Institute, called…
Blog
More credit card competition? Not really
Sen. Dick Durbin (D-IL) is worried about a lack of competition in payment card networks, so he’s planning to force the issue. His Credit…
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Adam Smith’s Recommendation To End Illegal Immigration
Restrictions on immigration have created a black market in labor and movement. Currently, the U.S. government issues only 10,000 green cards to workers who lack higher…
Blog
James Buchanan, 1919-2013
Economics has lost one of its greats. James Buchanan has passed away at age 93. Born on a Tennessee farm in 1919, he continued working…
Forbes
Hurricane Sandy, and the Invisible Hand of Recovery
Once again, a terrible natural disaster strikes, and Americans from the Carolinas to New England are doing their best to sort through the wreckage and…
Forbes
History’s Witness: Prague, Communism, And The Socialist Ideal
What is it about the “noble ideals” of socialism that makes people forget the lessons of their actual practice? If you need yet another reminder,…
Blog
Remembering Elinor Ostrom
Among the individuals with whom I wish I could have greater opportunities to exchange ideas is Elinor Ostrom. She passed away today, and now I…
Reason
Leftwing Pitchforkers: Kill the Limited Government Monsters!
From Ronald Bailey's article in Reason: In a letter to the editor in the Wall Street Journal about the relentless Team Blue crusade…