Mises Daily
Author:
Darren Brady Nelson
Online Publish Date:
of regulation are usually even worse than this, as they usually — unlike in free markets — promote a relatively small group of private interests at the expense of a Choice school perspective, the regulation problem is essentially one of government failure and rent seeking , noting that : “(1) individuals in government (politicians, one of economic calculation and bureaucracy. Ludwig von Mises explains : “Without market prices for the means of production, government planners cannot engage in