Tag: Free Enterprise Project Commentaries

However badly the one-time pillars of the American news industry misunderstand economics, they cannot escape it. The law of supply and demand, like the gods of the copybook headings, will assert itself. This is very bad news for the industry, ...

Larry Fink, the CEO of BlackRock, appears to know that his attempt to run the American economy, and to inflict his personal preferences on society from company headquarters, are at very least too obvious. And so he has been retreating ...

And so, after two years of lockdowns required them to do their plotting by Zoom, the self-appointed Masters of the Universe have met again in Davos, Switzerland, presumably in a castle shaped like the skull of a vicious animal, to ...

Our Country’s Corporations Shouldn’t Be Yet Another Enforcer of the Far-Left Agenda The “woke” corporate executives who have embraced a new stakeholder capitalism that allows them to inflict their political preferences on their employees and the public also talk a ...

More than a few executives appear to be glimpsing the high costs of politicized corporate management. A chief driver of these revelations is surely the rolling market correction that has characterized 2022. At one point last week, the Nasdaq was ...

Many corporate executives have claimed that embracing “equity” theory at their companies (and, in the case of investment-house CEOs, trying to force equity on companies whether they like it or not) is in the objective, demonstrable best interest of shareholders ...

Proponents of stakeholder capitalism and ESG initiatives invariably claim that they are acting for the neutral, objective, bipartisan interests of everyone. Some weeks ago in these pages I considered why this is simply impossible, and attempted to demonstrate that whatever proponents may ...

President Calvin Coolidge said, “The chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.” We were in 1925 and are a near-century later. Corporate CEOs, though, have increasingly ...

Unions have recently won organizational votes at New York City-area branches of Starbucks and Amazon, companies they have been trying to crack into for years. There is good reason to think that workers enticed into voting for unions in the 2020s will ...

It appears that Jamie Dimon, the CEO of JPMorgan Chase, really enjoys telling other people what to do, whether they’ve chosen to interact with him or not. A few days back billionaire Peter Thiel laid into Dimon (along with Larry Fink ...