Bureaucracy and Regulation

Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.

As the government expands the reach of civil rights law, one of the casualties is the presumption of innocence. The new rule seems to be “guilty until proven guilty.”

While Connecticut authorities call on "experts" to help them quell the state's housing shortage, they fail to consider the policies that have caused it.

Christian Sandström is a Swedish economist who joins Bob to make the case that massive government funding projects aren't necessary to promote science or industrial growth.

One of the myths of protectionism is that it will result in an abundance of goods on the home front. Shortages are no abundance.

On this week's Radio Rothbard, Ryan and Tho reflect on the fourth anniversary of the political response to covid. 

It is during "emergencies" when we learn who really holds political power, and how ineffective are constitutional measures designed to limit the regime.

Far from being an “automatic stabilizer” that mitigates recessions by engaging in “countercyclical” spending, the welfare state actually makes recessions longer and deeper. Time to acknowledge that fact and do away with it altogether.

President Biden needs an economics lesson.

New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments.