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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Foreign automakers’ threat to exit US market illustrates Trump tariff consequences
Foreign automakers are reportedly threatening to pull their most affordable models out of the US market if terms of the US-Mexico-Canada Agreement aren’t renewed. The…
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Let’s put the next SpaceX in our 401(k)s before its launch onto public markets
As Artemis II achieved liftoff for the first moon voyage in more than 50 years, space news also rocked the investment world with the breaking…
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The consequences of American socialism: A review of John Kenneth Galbraith’s Economic Development
John Kenneth Galbraith’s 1963 book Economic Development asks the same question Adam Smith asked: where does wealth come from? His answers are very different…
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Mount Vernon Cheers: A Song to Commemorate “I, Whiskey”
Our Indiegogo campaign for CEI’s new documentary “I Whiskey” is closing soon. So far, we have raised almost $75,000, but it’s not over yet.
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William Faulkner Said it Best: “Civilization Begins with Distillation”
"Making whiskey is but one piece of the Great Story of Spirits. The Big Picture is the story of incremental progress, of continual innovation by…
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Why Thieves Hate Free Markets
Don Boudreaux over at Café Hayek has just given a 2015 boost to a smart 2012 video from Learn Liberty on social cooperation in…
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Bastiat Society Rallies Business Leaders Together
My venerable colleague Fred Smith and I just returned from the Hoosier State, where we were honored to be guests of the Indianapolis chapter of the …
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What Cartoons Can Teach Us about Capitalism
The Freeman has an excellent article by FEE advisory board member Robert Anthony Peters on economic lessons in popular culture—in this case focusing on the wealthiest…
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Do Conservatives Really Care about the Poor?
American Enterprise Institute president Arthur Brooks has a new book out this week, The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous…