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
Study
Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
Blog
Free the Economy podcast: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
Blog
Adam Smith’s Wealth of Nations at 250
Last week I participated in a National Association of Scholars event on the 250th anniversary of Adam Smith’s The Wealth of Nations. The…
Search Posts
Blog
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…
Blog
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…
Blog
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…
Blog
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,”…
Blog
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…
Blog
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…