Bureaucracy and Regulation

The Friedrich A. Hayek Memorial Lecture. Sponsored by Donald and Judy Rembert.

When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies.

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

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

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.

The right to be able to enter into contracts with others is fundamental to free markets and a free society. That means people should be able to engage in discrimination.

The United States survived the first Great Depression, although it permanently changed the role of government. Will excessive government spending and money creation lead to Great Depression II?

Open-borders advocates often point to the alleged openness of borders between the individual states in the USA. However, a closer look shows there are many restrictions most Americans are unaware of.

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

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