How Government Uses “Efficiency” as an Excuse to Steal
Only individuals can determine what is efficient for themselves, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.
Only individuals can determine what is efficient for themselves, writes Gary Galles. This audio Mises Daily is narrated by Robert Hale.
Not content with just the movie industry, the US government has also turned to the video game industry in more recent decades.
The cognoscenti behind the Bush (Campaign 2000) proposal call their plan “privatization.” Privatization, as typically understood by economists, means the transfer of capital ownership and resource allocation
Against Leviathan would be an excellent companion reader for any economics class that deals with policy, and especially a class on regulation and the relationship between government and business.
The Bias Against Guns is overall a less technical book than More Guns, Less Crime, but in its later chapters, quite a few portions are still way over the heads of most laypersons.
Yergin and Joseph Stanislaw have produced a book that is fundamentally optimistic that markets will continue to be the driving force behind world events, and that price decision-making will eventually prevail over political decision-making.
I appreciate the fact that the author attempts to construct logical rather than mathematical arguments, as seems to be the disease that has struck most of the economics profession at the present time.
Governmental interventions in the economy take numerous forms, and they require the existence of a public authority, a bureaucracy, to implement them.
Every economist who regards himself or herself as a free-market theorist and advocate should acquire, read, and retain this paean to planning and interventionism as a valuable reference—especially if he or she is also a political libertarian.
Bureaucracy may denote either a means of management, or a particular kind of organization. Characteristics of such organizations include the existence of a discretionary budget