George Stigler and the Myth of Efficient Government
This article argues that while there are a few transparent similarities between politics and markets, the fundamental differences between them rend
Big Government
Displaying 1881 - 1890 of 3259
From Liberty to Democracy: The Transformation of American Government by Randall G. Holcombe
In this article, Dr. Ludwig van den Hauwe reviews Randall G.
Rejoinder to Holcombe on the Inevitability of Government
Holcombe (2004) argued that government was inevitable. In Block (2005) I maintained that this institution was not unavoidable.
The “Entrepreneurial” State is Anything But
Mazzucato’s economic reasoning falters on one of the most basic axioms of economics, namely the broken-window fallacy.
How War Leads to Big Government
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2014.
Should We Build a McDonald’s on the Rim of the Grand Canyon?
Left alone, the market always allocates resources to the highest bidder i.e., to their most highly valued uses and through this process of investment and reinvestment, capital is accumulated and the marginal productivity of labor increases. Thus when the market remains free, wages and living standards are seen to continually increase as well.
How Government Uses “Efficiency” as an Excuse to Steal
The word efficiency as used by government has been demoted from a useful analytical term to little more than another warning to watch your wallet.
