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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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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A Nobel for human progress
This year’s economics Nobel Prize went to three students of the two most important questions in economics: Why have living standards in rich countries improved…
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Free the Economy podcast: Reforming Social Security with Romina Boccia
In this week’s episode we cover a new study on pharmaceutical tariffs, whether to expect a new Great Depression (via Phil…
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Virtuous Capitalism
Is there less corruption in business than we think?…
The Courier-Journal
Schnatter: Free enterprise benefits society
The Courier-Journal discusses why Papa John's CEO John Schnatter supports free enterprise by referencing data from a report by CEI. Simply look at…
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Betting on the Future: 25 Years Later
Today is the 25th anniversary of the famous bet between economist Julian Simon and biologist Paul Ehrlich over the price of five metals: chromium, copper,…
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Free Enterprise: Sometimes We Forget
When we find ourselves debating specific issues having to do with economics and business, we often forget how overwhelming the evidence is for the superiority…
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World Bank Increases Number of Poor
The World Bank is considering changing its definition of what constitutes extreme poverty, raising the level below which someone is treated as extremely poor from $1.25…
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A First Look at Markets without Limits
Georgetown University professors Jason Brennan and Pete Jaworski (left) have a new book out with a fascinating premise: anything that it is morally permissible…