Interventionism

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Brian Doherty

Once again, the federal government is scrambling to make good on its own past mistakes. And private industries are facing massive costs, and potentially massive lawsuits, because of their attempt to keep up with federal regulators' changing whims. The controversy over Methyl tert-Butyl Ether (MTBE) shows once again that government's heavy-handed approach to environmental problems guarantees not solutions, but a continuing mess for which government will again posit itself as a solution-a clear example of Ludwig von Mises's theory of intervention.