Legal System

Even if markets can somehow better anticipate the outcome, writes B.K. Marcus, prediction markets will not achieve their full potential until they incorporate the power of profit-seeking self-interest.

Presented as part of the Mises Institute’s Austrian Workshop series in Auburn, Alabama, on 29 July 2004.

Congress just passed another regulatory bill, Lew Rockwell reports, because people with food allergies are under the impression that food sellers are indifferent to whether they live or die.

Competition is a productive aspect of the market economy, writes Ninos Malek, but sometimes businesses urge the government to intervene when their competitors pose a threat. This is the driving force behind antitrust legislation.

After so much fighting for so long, at last France and Germany find a common cause: resist economic reform and shore up the state apparatus as long as possible. Grant Nülle examines the scene.

The root of the pension problem, writes Carl Horowitz, is the inherent unsoundness of State-granted guarantees to firms (and unions) against market failure.

Sponsored by the Mises Institute and held in Houston, Texas; September 22-23, 1995.

Even if most hedge funds were dogs, writes Gregory Bresiger, why is it the business of the government to regulate them?

Frank Quattrone sent a 22-word e-mail to his employees reminding them of an existing policy. Now he is going to jail for it, writes Chris Westley.

Whether or not he had committed any crimes (and, apparently, he had not), Quattrone had plenty about which to be nervous, write Bill Anderson and Candice Jackson.