Bureaucracy and Regulation

Not all debt is equal. When lending comes from real savings, the economy benefits, but when it arises from government credit expansion, it usually ends in economic disaster.

In the name of safety, the European Union is attempting to regulate AI despite the fact that its regulators are woefully ignorant about how to do that job effectively.

Most government-mandated recycling makes no economic sense, but continues anyway. Recycling has given way to recyclingism, a government-sponsored ideology.

It is time for the EU to accept the fact that IP hurts consumers and creates false incentives for producers. Abolish the European IP laws and let competition run rampant.

Certain advantages help explain why businesses tolerate costs in California that they might never accept in a smaller or less developed market. But California shouldn’t mistake an advantage for immunity.

Polls tell us that large numbers of Americans want a Medicare for all healthcare system that is “free” to everyone, paid by tax dollars. What people don’t realize is that the system that would emerge would be much less responsive than what we have now.

As state control over forests and brushlands continues apace both in Spain and the US, the dangers of wildfires grow worse. Environmentalists, naturally, blame capitalism.

As state control over forests and brushlands continues apace both in Spain and the US, the dangers of wildfires grows worse. Environmentalists, naturally, blame capitalism.

For all the claims made by socialists that capitalism produces monopolies, socialists argue for one big monopoly to control everything: the state.

The California Energy Commission is mandating that starting in 2029, California drivers must purchase environmentally approved tires that are less safe than current tires. The results are predictable: higher costs for drivers and more fatal accidents.