Central Planning

"Who Put Us in Charge?" Quote of the Day from New Nobel Winner

"Why is it we who must do something? Who put us in charge? We often have such a poor understanding of what they need or want, our clumsy attempts to help on our terms do more harm than good."

- October 13, 2015

How Do We Get Rid of the Fed?

Giant banks, a debt-ridden government, and myriad special interests all benefit from the status quo. 

 

- September 21, 2015

Capitalists Have a Better Plan

Complementary to Hayek’s now-better-known problem of dispersed knowledge, Mises stressed the calculation problem of socialist planning.

- August 18, 2015

Scotland’s GMO Crop Ban Defies Science, Economics, and Common Sense

Banning biotechnology is bad for food, bad for farmers, and bad for the environment.

- August 13, 2015

How Economies Can Rise from the Ashes: The Kiwi Plan

Few know the story of how New Zealand transformed itself from a socialist basket case into one of the world’s most prosperous nations.

- August 12, 2015

The "Forever Stamp" Means What It Says

Stamps once had prices on them. Now, they reassure you, they'll be there forever. 

- August 02, 2015

War Is No Excuse for Socialist Planning

After the fall of the Soviet Union, just about everybody agreed that full-blown central planning was a bad way to produce food, cars, and television sets. However, people still seem to have a soft spot for planning when it comes to a “war economy.” 

- July 30, 2015

Hillary Clinton's Ideological Vortex of Power and Planning

Hillary’s campaign seems designed to prove that F.A. Hayek was a prophet.

- July 30, 2015

How Disability Law Went Nuts

The ADA promised a bright new era of equality and freedom. Instead, it spawned endless lawsuits and absurd federal decrees while harming the people it sought to relieve. 

- July 29, 2015

"Green Banks" Are Destined to Drown in the Red

The history of government "investments" shows that politicians don't have a clue where to put the public's money.

- July 22, 2015

Checkmate, Capitalists!

One meme perfectly captures the argument against capitalism. 

- July 21, 2015

5 Unintended Consequences of Regulation and Government Meddling

Well-intentioned laws can cause serious mischief and hurt the very groups supposedly being helped.

- July 15, 2015

Capitalist Theory Is Better Than Socialist Reality

Are advocates of the free market playing a hypocritical game in the debate with anti-capitalists, or do we have economic theory on our side?

- July 09, 2015

The Inevitable Chinese Stock Market Crash

You can drug an economy for only so long. When the injections stop, the withdrawal symptoms take over. 

- July 09, 2015

In Love with Gov? Time to Break It Off

He's not a meddling control freak — he just wants to help.

- July 08, 2015

Does “I, Pencil” Need to be Revisited?

I, Pencil showed the brilliance of market cooperation; does it need an update to show government's role?

- July 06, 2015

Don’t Put Eleanor Roosevelt on the $10 Bill

If we put Eleanor's mugshot on any bill, it should be an invoice — for the costs of her complicity in prolonging the Great Depression and her attempts to use the FBI to silence critics. 

- July 06, 2015

Home Education Inspires a Love of Learning

The verdict is in: the one ingredient that makes the most difference in how well and how much children learn is parental involvement. 

- July 03, 2015

The Libertarians Are Gaining Mindshare: Attack!

Young libertarians are weaving the latticework of human interaction for the next generation. 

- July 02, 2015

Is Michelle Obama a Brilliant Experimental Economist?

Sure, it looks like she's just meddling in kids' lunches, but maybe it's really a subtle social experiment. 

- July 01, 2015

Hillary Staffers Can't Afford New York's Government-Controlled Housing Market

Progressives have made their bed, but they can't afford to lie in it. 

- June 29, 2015

Neoliberalism: Making a Boogeyman Out of a Buzzword

Progressives are trying to pin corporatism on free-marketeers, but it's the mixed economy that ends up in the hands of the powerful.

- June 26, 2015

Driverless Money

Driverless money would be far more beneficial to mankind than driverless cars ever will.

- June 25, 2015

Ten Years After Kelo v. New London

The ruling gutted property rights and undermined the Constitution.

- June 23, 2015

What Can the Government Steal? Anything It Pays For.

The raisin decision was good news, but it didn’t go far enough by actually limiting what government can take from citizens.

- June 23, 2015

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