Interventionism

There is no debate that inflation is always and everywhere a monetary phenomenon. With the Fed's policy of deliberately manufacturing inflation we are playing with fire.

Or: We’re from the government—and we’re here to help.

One truism has never been successfully challenged: Government interventions lead to a less efficient, less well-ordered society.

Few economists have the courage to point to labor legislation and regulation as the very cause of mass unemployment.

Monetary central planning, as perpetrated by the Federal Reserve, provides the key to hollowing out and creating a pro-statist populace.

I’ve recently bemoaned the damage done to RIM, the manufacturer of the Blackberry, by

They seem blissfully unaware that once the power to define words is given to the state, it merely depends on who runs the state in order for the definition to be changed, and they seem too ready to tinker with the US Constitution in order to manage something that should have absolutely nothing to do with the state.

Mongolians would be better off building on the new wealth created by a potential copper mine, rather than discouraging risk-takers from finding and developing new mines.

The immediate effect of price controls or any government intervention upon the market is shortage of goods. Price controls discourage production just when it is needed most. The economy approaches full socialization. Rent control is the easiest way to destroy a city besides bombing it.