Big Government

By shielding Washington from accountability, the 2008 cover-up institutionalized systemic moral hazard and permanently crippled market discipline.

Politicians sell business regulation as benefiting consumers. In reality, as we saw from airline regulation, the system creates cartels that shut out consumers and benefit regulated businesses.

Cronyism and protecting the scenic views of the wealthy.

On this episode of Power and Market, Ryan, Connor, and Tho talk about the growing populist backlash to Flock cameras and the AI-powered security state.

The backlash against automated license plate readers is not really about traffic cameras. It is about a public that no longer assumes the people in charge are acting in good faith.

The backlash against automated license plate readers is not really about traffic cameras. It is about a public that no longer assumes the people in charge are acting in good faith.

Mayor Zohran Mamdani has stated plans for five city-owned grocery stores to compete with private stores in NYC. However, as Henry Hazlitt and Frederic Bastiat before him have pointed out, the unseen costs in an initiative like this will outweigh the “seen” benefits.

The island nation of Jamaica has the potential to be an economic powerhouse, but, instead, the government wishes to pursue a self-defeating policy of demanding “reparations” from Great Britain and other western nations.

Mayor Zohran Mamdani has stated plans for five city-owned grocery stores to compete with private stores in NYC. However, as Henry Hazlitt and Frederic Bastiat before him have pointed out, the unseen costs in an initiative like this will outweigh the “seen” benefits.

Murray Rothbard wrote many years ago that government regulation, ostensibly created to protect consumers, actually protects incumbent producers from competition. Decades later, nothing has changed.