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
The doctrine of natural liberty is ultimately grounded on two premises which are necessary to the understanding of why governments are “crimi
In recent years, as libertarian policy analysts have put their minds to the question of tax reform, some have succumbed to the lure of a broad-base
Casual observation of the last thirty years or so indicates that the role government plays in the lives of individuals has been increasing.
Thomas Sowell provides examples of people from many parts of the world demanding that their governments restrict the economic and occupational succ
