Interventionism

The USDA helps politically connected interest groups crush the competition.

Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.

Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.

Central planning relies on successfully predicting the future. Unfortunately for central planners, this is an impossible task.

Our most popular articles from June.

Economics, as we have now seen again and again, is a science of recognizing secondary consequences.

This week, the EU suggested that it would no longer allow English as an official language, and the Irish will speak Gaelic instead.

The GDP framework and the output gap is an abstraction that does little more than provide justification for the interventions of government officials.

Gun control advocates continue to narrowly define the "developed" world in order to make the US seem strange and isolated in this regard.