Interventionism

It is not only the regulation on retail price maintenance that is unconstitutional but the whole of the Sherman Antitrust Act…

Frédéric Bastiat said long ago what still rings true today: "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."

The solution to the crisis in higher education is to take the government out of the equation.

Political entrepreneurs are experts at fabricating false crises to convince the public to acquiesce in their policy proposals.

The regulators are effectively saying that they know more efficient ways of organizing markets than those who actually buy and sell.

One day Social Security will go from being a reality supported by myths to a memory whose myths were debunked by reason.

And as every good socialist knows, the best way to get rid of advertising is to get rid of competition and the need to market anything in the first place.

Leftist ideologues do pose a real threat. Many people find their rhetoric convincing. But all the Left really has to defend their position on minimum wages and other issues are faulty studies, demagogic remarks regarding poverty and racism, and vague references to "social justice." Logic and evidence are on our side.

As with all government intervention, price controls do not achieve what their originators think they will. Trying to maintain a supply of milk by putting a price control on it will cause shortages, which are the very situations the price manipulators said they wanted to avoid.

In May, the House of Representatives passed a bill that could lead to fines as high as $3 million per day for gasoline price gouging, which it defi