Interventionism

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Week in Review: April 22, 2017

Taxes and SpendingBusiness CyclesInterventionismPolitical Theory

Blog04/21/2017
Instead of taxes being "the price we pay for civilization," taxes are an unnecessary burden on the prosperity of society.

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Jeffrey Sachs's Blind Spot

Taxes and SpendingInterventionismPolitical Theory

Blog04/19/2017
Jeffrey Sachs rightly sees the problems of state interventionism in foreign policy. But he then fails to see the same holds on domestic policy.

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Nudges for Thee, But Not for Me

Calculation and KnowledgeEntrepreneurshipInterventionism

Blog04/07/2017
To most observers, nudging sounds like clever management techniques. The power to nudge by the state, however, is an entirely different matter.

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America Is Hardly a Bastion of Free Trade

Free MarketsGlobal EconomyInterventionism

Blog03/19/2017
Contrary to the popular myth, the US often imposes many crippling regulations in its international trade practices. We need more trade, not less.

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What Economists Are Not—And Shouldn’t Try to Be

Austrian Economics OverviewEntrepreneurshipInterventionism

Economists should not “design the tap” or “lay the pipes” for government intervention.

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Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians

EntrepreneurshipInterventionismOther Schools of Thought

Blog03/14/2017
Rather than impartial referees reducing moral hazard, governments are its most common cause.

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Brexit Might Pave the Way for an Independent Scotland

Free MarketsInterventionismPolitical Theory

Blog03/13/2017
As with the UK and the EU, predictions of post-secession economic doom should be ignored.

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Higher Costs Don’t Mean Higher Prices

Free MarketsInterventionismPrices

Blog03/07/2017
Driving up costs for cocaine dealers has not led to a similar rise in street price. This is because prices are not based on the cost of production.

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The Unrevolutionary Revolution

Big GovernmentInterventionismPolitical Theory

The state eventually gorges on every choice you have: from products in the market to the things you are able to dream about changing.

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The Economic Evil of Eugenics

HealthInterventionism

Blog02/20/2017
Central planning implies eugenics, and eugenics in turn is a kind of central planning.

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