Bureaucracy and Regulation

Political power over markets doesn’t just corrupt individuals—it corrupts the price system itself.

This is not a cycle of greed. It is spontaneous order doing what it always does: finding the path around the obstruction.

Chris Calton links California's housing crisis to three books published in the 1960s that spawned three ideological movements, each of which handed activists and bureaucrats new tools to block development and destroy private property rights one permit hearing at a time.

Peter Klein traces the ideological transformation of the UC system from a world-class research institution to a cautionary tale of government-subsidized capture.

Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly they set out to fight.

Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort led to an intervention that strengthened the very oligopoly they set out to fight.

The best guarantee of jobs in the industry isn’t subsidies for the losers, but the prospect of profits for the winners.

The regulatory state is also the entity that stifles competition, reduces economic cooperation, and impedes the production of wealth.

The UK does not have an energy problem, it has a freedom problem.

The UK does not have an energy problem, it has a freedom problem.