Posts Tagged ‘free market capitalism’

I, Pencil: The Free Market at Work

Thursday, November 15th, 2012

“I, Pencil,” a great short video by the Competitive Enterprise Institute, uses the deceptively simple pencil to illustrate how the free market spontaneously organizes self-interested individuals and resources across the globe, as if directed by an invisible hand:

John Allison’s New Book on the Financial Crisis

Thursday, September 27th, 2012

Kaizen interviewee and former BB&T bank CEO and Chairman John Allison has written a new book, The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy’s Only Hope. Released today, the book offers “shrewd insight, alarming insider details, and practical advice for today’s leaders… You’ll learn how government incentives helped blow up the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand it should not try to control the market—and then completely mismanages it when it tries. In the end, you’ll understand why it’s so important to put “free” back in free market.”

Learn more about the book at Amazon.

Watch John Allison’s video series on the financial crisis, which covers many of the themes expanded upon in his book:

Enron: Free Market Capitalism or Political Capitalism?

Tuesday, September 4th, 2012

Kaizen interviewee Robert Bradley, Jr. worked at Enron for 16 years. As director of public policy analysis for his last seven years there, he wrote speeches for the late Ken Lay, Enron’s CEO, who was convicted in 2005 of fraud and conspiracy. In a new article for the Library of Economics and Liberty, Bradley digs deep into the history of Enron to explore whether the company truly was an example of free market capitalism gone wrong or an example of a company using primarily political means to get ahead.

Read the article here.