Interventionism

As government weight in the economy rises faster, technical recessions may not appear in the official data, but citizens suffer it, nevertheless. 

The latest round of wildfires in Canada has brought out the usual statist demands that we ban fossil fuels.

The State of California is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.

The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Sony is against it.

The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.

Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals.

The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.

Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.

Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.

As government regularly intervenes in economic and financial markets, both continue to deteriorate. We must understand the kind of damage government causes.