Bureaucracy and Regulation

The majority of our elected officials who spend our tax dollars are debt addicts. Their reckless policies, if continued, will destroy the nation.

Trump has made his family billions by courting foreign and corporate money and accepting extravagant gifts while in office. But he didn’t bring self-enrichment to Washington, he simply made it much harder to ignore.

The articles in this issue help us to understand the true meaning of both the Declaration of Independence and the revolutionary movement that produced it. And, what it is that we are actually celebrating on this 250th anniversary.

There is little disagreement that the American healthcare system is broken. It is failing because market forces have been buried under decades of subsidies, regulations, licensing restrictions, and political favoritism. How did this happen and what to can we do about it?

Murray Rothbard wrote that statistics are the lifeblood for government intervention. Based on certain presuppositions, statistics allow interventionists to identify “problems” to solve.

By shielding Washington from accountability, the 2008 cover-up institutionalized systemic moral hazard and permanently crippled market discipline.

Politicians sell business regulation as benefiting consumers. In reality, as we saw from airline regulation, the system creates cartels that shut out consumers and benefit regulated businesses.

In this week’s Friday Philosophy, Dr. David Gordon takes on Daron Acemoglu’s What Happened to Liberal Democracy? Remaking a Politics of Shared Prosperity and finds it lacking in economic sense.

Cronyism and protecting the scenic views of the wealthy.

A brief episode of competition in the early telephone industry demonstrates that, even when hampered, competitive pressure challenged the state-created telephone monopoly. Exploring this territory allows us to imagine the possibilities of what could have been in true a free market.