The Environment

In a fine case study of interventionism, regulators finally give in and reversed their previous mandates that led to an environmental mess.

Once again, the federal government is scrambling to make good on its own past mistakes. And private industries are facing massive costs, and potentially massive lawsuits, because of their attempt to keep up with federal regulators' changing whims. The controversy over Methyl tert-Butyl Ether (MTBE) shows once again that government's heavy-handed approach to environmental problems guarantees not solutions, but a continuing mess for which government will again posit itself as a solution-a clear example of Ludwig von Mises's theory of intervention.

Garet Garrett wrote in 1932, "Mass delusions are not rare. They salt the human story." Indeed, mass delusions are no more apparent than in the realm of public policy and especially in the faith people have in their government to carry out functions designed to promote the public good. How else to describe the persistent belief that government is a good steward of resources of any kind?

Do natural disasters really produce a boost in production? (Column by Llewellyn H. Rockwell, Jr.)

The Mississippi River Basin is the largest river basin in the world, and stretches from New York to Idaho and from Canada to the Gulf of Mexico. In the course of American history, the river often flooded, but not until 1927 had so many people been killed and left homeless and never had such a large land area been covered by water. It was the greatest flood in history, but this fact is not as well known: government caused it.

How a treaty could lead to the loss of life. (Analysis by adjunct scholar Roy Cordato.)

When FEMA takes over, liberty ends.

Another public hysteria debunked by science.

The strange new politics of suburban economic growth.

Should the market or regulators place plants and waste sites?