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 problem is scarcity, not Disney’s prices
Disney doesn’t just offer admission to a theme park. It promises a magical experience. But when millions of people seek that experience, Disney must…
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GDP and the origins of prosperity
The United States is a wealthy and prosperous country. Historically, Americans have looked to Gross Domestic Product (GDP) to measure their prosperity. GDP…
Reason
Fusionism in the Twenty-First Century
CEI’s Richard Morrison was listed by Reason in their symposium on the new book Fusionism. Contributions to the symposium are: Elizabeth Corey,…
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Business Leaders Mount the Barricades
This has been a good week for capitalist backbone. As Kim Strassel discusses in the Wall Street Journal today, we’ve seen two high profile…
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CEOs Confront Anti-Capitalist Rhetoric
Another CEO of a big American company has spoken up about the charge that he and his employees are “destroying the moral fabric” of…
Blog
How to Address Income Inequality
Over at the Foundation for Economic Education, Iain Murray and I give a short preview of our two forthcoming CEI papers on income inequality…
Blog
Is GE a Capitalist Good Guy or a Corporate Bad Guy?
General Electric CEO Jeff Immelt has an interesting op-ed today in the Washington Post, hitting back against charges that his company is “destroying…
National Review
Tentatively for Universal Basic Income
Michael Strain, as is only to be expected, does a great job outlining the pros and cons of a universal basic income (UBI) before…
Products
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…