Interventionism

Washington locked up timberland to stop deforestation, while taxing Canadian lumber, which meant felling more American trees. Timothy Terrell on conservation policy, and following the money.

Crony capitalism—where politics help decide success and failure in the markets—is a huge problem in our society. The solution is laissez-faire capitalism in the tradition of Ludwig von Mises and Murray Rothbard.

No, it isn't Blackstone, and the boomers didn't take it all. Timothy Terrell separates the housing myths from the real reasons you can't afford a house.

Rent control's cruelest irony: it makes discrimination cheaper. Joseph Salerno on the long-run effects of price caps that almost no one sees coming.

The textbook model of "perfect competition" bans advertising, price cuts, and better products—the very things we mean by competing. Tate Fegley on why the mainstream picture of monopoly is upside down.

Ryan McMaken, Timothy Terrell, Charles Sauer, and Robert Murphy take questions from the audience on healthcare economics, free market alternatives, and the prospects for reform.

Bob Murphy makes the case that American healthcare's dysfunction is not a market failure but a pricing failure manufactured by government. He closes with practical reform proposals designed to restore market signals without waiting for Washington.

Charles Sauer profiles four healthcare entrepreneurs who built functioning free-market alternatives to the broken hospital system before turning to Washington to explain why Capitol Hill is not the solution, walking through the government-created distortions that sustain the status quo.

Timothy Terrell traces the historical origins of the American healthcare cartel, beginning with Ronald Hamowy's 1979 article documenting how the AMA used state licensing laws not to protect patients but to restrict physician supply and raise incomes.

The essay added later to the collection: a critique of proposals to nationalize banking and credit, weighing bureaucratic against profit management and warning of credit overexpansion and immobilization.