Bureaucracy and Regulation

Bob Murphy talks with Keith Smith, MD, about an alternative to the cartel of big hospitals and insurers.

Politicians and many others hate and inhibit market productivity due to economic fallacies.

While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the government itself.

While the political climate demands allegiance to one side or another, a more reasoned view can be found through libertarian principles, supported by the words of Murray Rothbard.

The market regulates accidents very effectively. If the state does not coercively interfere, competition between companies forces them to improve services to the maximum.

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Politicians and the media always express shock when they hear about the latest fraudulent schemes involving the welfare system. They shouldn't be surprised, as nothing incentivizes fraud like the welfare state.

Progressives sell state intervention into economic affairs as “protecting” consumers and workers. In all cases, free markets do a better job of protecting all participants.

Statists denounce self defense as “vigilantism,” declaring that only the “defense” services provided by the state are legitimate. Yet, self defense has always been a fundamental right.