Legacies of Empire
On his 75th birthday, Fred Smith, founder of the Competitive Enterprise Institute and Director of the Center for Advancing Capitalism, takes a historical look at the persisting tension between free marketers and progressives. Smith celebrates the oft-vilified leaders of America’s Industrial Revolution—from James J. Hill to John D. Rockefeller—for ushering in the Age of Enterprise.
A New Magna Carta
John Cochrane, senior fellow of the Hoover Institution at Stanford University, discusses his recent paper, The Rule of Law in the Regulatory State. Cochrane shines a light on how the unchecked power of regulatory agencies threatens political freedom, as well as economic growth and dynamism.