All Posts Tagged With: "government regulation"
Just Wondering
Would Bernard Madoff’s prospective victims have been better or worse off in a world with no government oversight of investment matters whatsoever? Is necessary to spell out the answer?
31Oct2011 | Sheldon Richman | 4 comments | ContinuedSafe Toasters and Toxic Financial Assets
If we want our financial system to be as reliable as our toasters, we need more market competition and less of the heavy hand of the State.
27Oct2011 | Steven Horwitz | 7 comments | ContinuedIntellectuals and Society
If you trace back to the origins of almost any damaging public-policy idea in America, you find it rooted in the imagination of some intellectual. Just to pick one field, consider housing. Why do we have huge tracts of depressing, unsafe, unclean public housing in some of our largest cities? That did not simply happen—the [...]
24Feb2011 | George C. Leef | 5 comments | ContinuedAdam Smith: Moral Philosopher
James Otteson is a professor of philosophy at the University of Alabama. Adam Smith was not solely an economist, though that is almost exclusively how he is known today. His Inquiry into the Nature and Causes of the Wealth of Nations (WN) is one of the most important books in the Western tradition. Aside from [...]
1Nov2000 | James R. Otteson | 0 comments | ContinuedA Breach of the Public Trust
M. Reed Hopper is a principal attorney with the Pacific Legal Foundation and chairman of the foundation’s Patriot Action League. Few things in life are more uncertain than government regulation. Long-held understandings and settled expectations can literally change overnight in the fickle halls of officialdom. Consistent interpretations of federal law, relied on for years by [...]
1May2000 | M. Reed Hopper | 0 comments | ContinuedThe Poverty of Regulation
Ronald Reagan famously asked voters during the 1980 presidential campaign, “Are you better off than you were four years ago?” A similar test can be applied to government regulation: Has it left us safer and healthier than we would have been without it? Just like the voters in 1980, we can answer that question with [...]
1Dec1999 | Michael J. Catanzaro | 3 comments | ContinuedCreative Destruction–Again
Whose heart bleeds for the virtually nonexistent blacksmith? In 1900, there were 226,477 blacksmiths counted by the U.S. Census. Today the number is negligible. Who laments the slide into occupational oblivion by tallow-renderers? The invention of electricity and electric lights killed off the candle-making industry. Henry Ford almost singlehandedly wiped out buggy manufacturers (as well [...]
1Apr1996 | David N. Laband | 0 comments | Continued-
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