Freeman

The Goal is Freedom

Financial Regulation and the “Money Power”

Insiders will benefit most

SEPTEMBER 28, 2012 by SHELDON RICHMAN

We hear fierce denunciations of what is called the "money power." It is spoken of as mighty, demoniacal, dangerous, and schemes are proposed for mastering it which are futile and ridiculous, if it is what it is said to be. Every one of these schemes only opens chances for money-jobbers and financial wreckers to operate upon brokerages and differences while making legitimate finance hazardous and expensive, thereby adding to the cost of commercial operations.

You Really Want Government Drilling for Oil?

It's about incentives.

JUNE 11, 2010 by SHELDON RICHMAN

You've got to hand it to the people who really dislike free markets. They see them everywhere and especially wherever any serious problem arises. That no free market exists within a thousand miles makes no difference whatsoever.

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October 2014

Heavily-armed police and their supporters will tell you they need all those armored trucks and heavy guns. It's a dangerous job, not least because Americans have so many guns. But the numbers just don't support these claims: Policing is safer than ever--and it's safer than a lot of common jobs by comparison. Daniel Bier has the analysis. Plus, Iain Murray and Wendy McElroy look at how the Feds are recruiting more and more Americans to do their policework for them.
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