The Unintended Consequences of Rent Control
When a city is bombed, it is destroyed by people with evil intentions. When a city is subjected to rent control, it is destroyed by people with good intentions.
Interventionism
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Substitute for Foreign Aid
I will not contend that this scheme is free from all the defects inherent in government interference with economic affairs.
Obama and the Continuing War on the Poor
A thief is a thief, and all thieves impoverish their victims.
Brad DeLong’s Erroneous Defense of Greenspan
No matter how you slice it, the former Maestro spawned housing, commodity, and stock booms with his reckless policies.
Caritas in Iustitia Distributiva
As a result of his misunderstanding of economic theory, the Pope failed to see the connection between every depression we have experienced in modern times and governments' intervening in the free market — the very system that, if left free of distributive-justice actions on the part of governments, would guarantee the attainment of the common good.
