Archive for Fred Smith

Fred Smith is the founder and president of the Competitive Enterprise Institute.

The Progressive Era’s Derailment of Classical-Liberal Evolution

Fred Smith is president of the Competitive Enterprise Institute. It is true that where a considerable part of the costs incurred are external costs from the point of view of the acting individuals or firms, the economic calculation established by them is manifestly defective and their results deceptive. But this is not the outcome of [...]

1Jun2004 | Fred Smith | 3 comments | Continued

Risks in the Modern World: What Prospects for Rationality?

Mr. Smith is president and founder of the Competitive Enterprise Institute in Washington, D.C. He is co-editor of Environmental Politics: Public Costs, Private Rewards (Praeger, 1992). Risk refers to the likelihood that something will go wrong.[1] People naturally fear such mishaps, and risk aversion is a basic survival trait. Only non-survivors rush in where angels [...]

1Mar1995 | Fred Smith | 1 comment | Continued

The Market and Nature

Many environmentalists are dissatisfied with the environmental record of free economies. Capitalism, it is claimed, is a wasteful system, guilty of exploiting the finite resources of the Earth in a vain attempt to maintain a non-sustainable standard of living. Such charges, now raised under the banner of “sustainable development,” are not new. Since Malthus made [...]

1Sep1993 | Fred Smith | 1 comment | Continued

Speculators: Adam Smith Revisited

Mr. Culp is an Associate Policy Analyst for the Competitive Enterprise Institute (CEI) in Washington, D. (2., and a research associate for Friedberg Commodity Management; Inc., in Toronto, Canada. Mr. Smith is the President of CEI. The authors wish to acknowledge contributions of Tom Miller in helping to prepare this article. Financial middlemen are in [...]

1Oct1989 | and and Christopher L. Culp | 0 comments | Continued
  • © Copyright 2011 Freeman - Ideas on Liberty. All rights reserved.

    54 queries. 1.676 seconds