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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Happy birthday to the Wealth of Nations – and to CEI
Today is the 250th anniversary of the publication of perhaps the seminal work of economics, Adam Smith’s An Inquiry into the Nature and Causes of…
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George and Sam: A friendship forged in freedom and entrepreneurship
In August 1783, after General George Washington had secured victory in the Revolutionary War but was still awaiting negotiation of Great Britain’s surrender, he penned…
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DOJ investigation could push Powell to hold on to his seat at Fed
The Washington Examiner cited CEI’s expert on Powell Ryan Young, a senior economist at the Competitive Enterprise Institute, said that Powell choosing to remain in…
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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?…
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…
