Interventionism

No government planner can compete with the resource allocation efficiency of a market system.

Americans’ right to a jury trial does not imply that drafting jurors is the best way to provide that right.

Interviewed by Scott Horton, Mark Thornton discusses why we need to lower the debt ceiling; the dangers of a depreciating dollar; why the NSA’s spy

What is needed is fiscal reform. Only drastically cutting government spending will bring back prosperity.

Painful lessons are avoidable when business plans and policies do not violate economic laws and when governments do not interfere.

The good society is an egalitarian one, says Shiller, and finance should not be at odds with this goal.

The free-market solution is open entry and competition and nothing resembling a government monopoly of education.

 One reason the television series is so much more compelling is that it champions the cause of human freedom and self-reliance.

Mark Thornton discusses the unintended consequences of gun control legislation as an illustration of prohibition economics.

This is yet another case where government interference in the market produces unintended results.