Governments Can’t Fix This Economic Crisis They Caused
The US and the world will rise from this crisis. What the government has to do is allow it. The government is there to facilitate, not to pick winners and losers.
Interventionism
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No, Technology Shocks Aren’t Behind Recurring Business Cycles
Finn Kydland and Edward C. Prescott (KP), the 2004 Nobel laureates in economics think that technological shocks can explain 70 percent of economic fluctuations in postwar US data. Unfortunately their quantitative methods are simplistic and ignore the real problem: central banking.
The Political Consequences of the Welfare State
Ludwig von Mises begins by recounting the origin and semantics of the term welfare state.
“Heritage” Designation of Old Buildings Is Both Wasteful and Arbitrary
After an old red barn was given "heritage protection" by the city council, the owner demolished it anyway. Many townspeople cheered the defiance of the council's blatant violation of property rights.
How Government Spending Destroys Wealth
Government spending overall—not just deficits—is the real problem. Government spending diverts wealth away from truly productive people and toward the government and its favored groups.
Tim Terrell on Misleading Cross-Country Health Care Statistics, and Why Big Business Supports Environmental Regulations
Tim Terrell explains why the common rankings of "health outcomes" are biased against the US, and why big businesses often support environmental regulations.
Brazilian States’ Economic Freedom Index: Applying Fraser’s Methodology for 2003–2016 Data
Vladimir Fernandes Maciel
Ulisses Monteiro Ruiz de Gamboa
Julian Alexienco Portillo
Mariangela Ghizellini
The Fraser Institute's Economic Freedom of North America report provides the method of evaluating the economic freedom of Brazilian states. Results suggest that Brazilian states' freedom scores have been declining.
On Understanding France and the French Situation
Pascal Salin investigates the contrast between French collectivism and it production of liberal intellectuals.
The Deception behind Government Licensing Laws
How much licensing requirements are designed to “protect” the health of the public, and how much to restrict competition, may be gauged from the fact that giving medical advice free without a license is rarely a legal offense. Only the sale of medical advice requires a license.
Is Greater Productivity a Danger?
It is true that if labor becomes more efficient, workers must find other uses for the time they now have available. But why is this a problem? Human beings have unlimited wants, and there are always new uses for human labor.
