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Interventionism

MARCH 07, 2013

The ideology that the government should use its power to do more than secure individual liberty and property rights. The ideology accepts that the government should  promote the general welfare by supporting businesses with subsidies and tariffs and regulating businesses in order to protect consumers from poor quality products, monopolies, and economic waste. Interventionism in this form usually fails due to ignorance inherent to the human condition, as well as self-interest of politicians and regulators that obscure the public good. 

 

Steve Horwitz - Regulation and Intervention

 

The Student Loan Crisis

 

Mark Hendrickson - Regulation and Intervention

Related Freeman Articles

THE CALLING

The Myths of the Interventionists

The austerity that isn't.

MAY 24, 2012 by STEVEN HORWITZ

When people like Paul Krugman come face to face with the failure of the ideas they've been peddling for decades, rather than confront that truth they retreat to the same old myths.

WABI-SABI

Interventionism, Immigration, and Nationalism

The welfare state breeds suspicion of foreigners.

MAY 04, 2010 by SANDY IKEDA

I was born and raised in Arizona, so I've been following with particular interest that state's recently passed immigration legislation as well as the ensuing public uproar.

IT JUST AIN'T SO

Government Intervention Is Needed to Solve the Housing Crisis?

Prior Intervention Helped Create the Current Crisis

MAY 01, 2008 by STEVEN HORWITZ

FROM THE PRESIDENT

The Free Market versus the Interventionist State

The Interventionist State Is Based on Coercion and Violence, Not Human Liberty

JANUARY 01, 2008 by RICHARD EBELING

ONLINE EVENTS

FEE offers live online events for people new to the economic, ethical, and legal principles of a free society.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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