Interventionism

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John P. Cochran

Central bank policies spread uncertainty, malinvestment, and unemployment. Only the private economy provides the necessary economic coordination.

Frank Shostak

According to some experts, sanctions imposed by the US and the European Union are likely to push Russia into a recession.

Mark Thornton

Many colleges and universities prohibit alcohol consumption at football games. Does this stop drunkenness or disorder?

George Reisman

Those who keep their jobs benefit from minimum-wage increases, but less-skilled and less-experienced workers face greater competition from other low-wage workers.

Patrick Barron

The Fed has painted itself into a corner. There is no way that the nation can avoid either a recession or the collapse of the value of the dollar. We should prefer the recession, then insist on an end to monetary expansion, regardless of the howls from the politicians.

Andrew Syrios

Income inequality has been called “the defining challenge of our time,” and it is generally made worse by government policies.

Robert P. Murphy

Whether it’s “pure” socialism or the so-called mixed economy, the historical record is clear that government intervention makes us poorer.