Bureaucracy and Regulation

Not even your Roomba vacuum cleaner is safe from state control. Time for the state to give up all economic controls across the board.

Not even your Roomba vacuum cleaner is safe from state control. Time for the state to give up all economic controls across the board.

Vail recognized that market competition and “regulation and control are inconsistent with each other, and cannot be had at the same time.” Obviously, Vail favored the latter.

Jacob Siegel visualizes that, in an information-state form of government, government’s ultimate control by voters would get replaced by the digital monopolization of voters’ attention, adjustment of voters’ perceptions, and conditioning of voters to see certain outcomes as inevitable.

The majority of our elected officials who spend our tax dollars are debt addicts. Their reckless policies, if continued, will destroy the nation.

Trump has made his family billions by courting foreign and corporate money and accepting extravagant gifts while in office. But he didn’t bring self-enrichment to Washington, he simply made it much harder to ignore.

There is little disagreement that the American healthcare system is broken. It is failing because market forces have been buried under decades of subsidies, regulations, licensing restrictions, and political favoritism. How did this happen and what to can we do about it?

Murray Rothbard wrote that statistics are the lifeblood for government intervention. Based on certain presuppositions, statistics allow interventionists to identify “problems” to solve.

By shielding Washington from accountability, the 2008 cover-up institutionalized systemic moral hazard and permanently crippled market discipline.

Politicians sell business regulation as benefiting consumers. In reality, as we saw from airline regulation, the system creates cartels that shut out consumers and benefit regulated businesses.