Bureaucracy and Regulation

The tainted blood scandal in the UK should be a warning to people about the dangers of the National Health Service. Instead, we hear endless promises of reform that never will happen.

Long before government mandates and pressure infected businesses and universities with the DEI virus, Ludwig von Mises explained how bureaucracies infect the decision-making process. 

In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial. This is clearly fraudulent, but no bureaucrat will be charged with any crimes.

The abolition of chattel slavery was a great advancement for human liberty. But many of those celebrating Juneteenth today still accept the core assumptions that underlie slavery.

The Tennessee Board of Regents for higher education is finding that their DEI efforts are not successful, and the Tennessee legislature has become skeptical. It might be better to scrap the DEI collectivist “solutions” altogether.

As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.

According to an article in The Atlantic, Washington is turning away from its previous commitment to “free trade.” However, there never was a “free trade consensus” because Washington always has sought state-managed trade.

Even though our legal authorities treat smugglers as criminals, smugglers actually are promoters of liberty who usually break unjust laws. The US was practically founded on smuggling.

Like bad money driving out good money, government intervention can also create Gresham’s law conditions for entrepreneurs. Using the political process, bad entrepreneurs can get government to regulate entrepreneurial competition out of business.

Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.