Bureaucracy and Regulation

Unlike in the federal government, some small bits of progress have been made against the regulatory regime at the state level

Blinded by their zeal to save the masses from the "excesses" of greedy landlords, politicians are ignoring the regulatory state that keeps housing prices on the rise.

After very quickly becoming an advanced economy, South Korea is experiencing declining growth and labor productivity. The culprit, as usual, is government intervention in the market to favor certain interests.

Experts who predicted economic doom as Brexit approached obsessed over the problem of "transaction costs" in trade. But the EU was imposing countless new transaction costs of its own.

In spite of all kinds of restrictions and red tape, consumer demand for firearms remains high, and the industry has found a way to meet that demand—through "80 percent lower receivers."

There's a new kind of capitalism on the scene: "surveillance capitalism." It's drawn attention from across the political spectrum, but Left, Right, and center offer very different solutions to similar concerns. 

Just two metro areas in Virginia reported more homicides than all the rest of the state combined.

State lawmakers possess an infinite source of good intentions. Wielding the power of this limitless benevolence and munificence, politicians are regulating the lives of citizens while eviscerating their existence in the process.

How much licensing requirements are designed to “protect” the health of the public, and how much to restrict competition, may be gauged from the fact that giving medical advice free without a license is rarely a legal offense. Only the sale of medical advice requires a license.