The idea that the state can provide services and other advantages to its citizens that did not previously exist is in contrast to the arguments of state protection—a fallacy that ought to be dismissed outright.
Can a government regulatory system be reformed? In a word, no. The free market is always the best regulator of quality and safety.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
