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Interventionism

The ideology that the government should use its power to do more than secure individual liberty and property rights. The ideology accepts that the government should  promote the general welfare by supporting businesses with subsidies and tariffs and regulating businesses in order to protect consumers from poor quality products, monopolies, and economic waste. Interventionism in this form usually fails due to ignorance inherent to the human condition, as well as self-interest of politicians and regulators that obscure the public good. 

 

Steve Horwitz - Regulation and Intervention

 

The Student Loan Crisis

 

Mark Hendrickson - Regulation and Intervention

Related Publications

ARTICLE

TGIF: Government Failure

by Sheldon Richman

OCTOBER 05, 2007 by SHELDON RICHMAN

Related Freeman Articles

THE CALLING

The Myths of the Interventionists

The austerity that isn't.

MAY 24, 2012 by STEVEN HORWITZ

When people like Paul Krugman come face to face with the failure of the ideas they've been peddling for decades, rather than confront that truth they retreat to the same old myths.

WABI-SABI

Interventionism, Immigration, and Nationalism

The welfare state breeds suspicion of foreigners.

MAY 04, 2010 by SANDY IKEDA

I was born and raised in Arizona, so I've been following with particular interest that state's recently passed immigration legislation as well as the ensuing public uproar.

IT JUST AIN'T SO

Government Intervention Is Needed to Solve the Housing Crisis?

Prior Intervention Helped Create the Current Crisis

MAY 01, 2008 by STEVEN HORWITZ

Related Multimedia

MULTIMEDIA - VIDEO

Regulation and Intervention

NOVEMBER 14, 2012 by STEVEN HORWITZ

Should governments regulate and intervene to correct "market failures?"

Steve Horwitz explains the dynamics of interventionism and the issues with regulating and intervening in the free market.

"What regulation and intervention do is prevent markets from discovering new ways of solving existing problems and new ways of solving new problems. When regulation erects barriers to entry or other kinds of limits on market behavior, it cuts short this discovery process, and that leads to inefficiency and waste of resources."

MULTIMEDIA - VIDEO

Intervention and Regulations

DECEMBER 14, 2010

MULTIMEDIA - AUDIO

Government Intervention and Individual Freedom

JUNE 01, 2009

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April 2014

Around the world, people are struggling to throw off authoritarianism, with deeply mixed results. From Egypt to Venezuela, determined people build networks to overthrow their regimes, but as yet we have not learned to live without Leviathan. In this issue, Michael Malice and Gary Dudney discuss their glimpses inside totalitarian regimes, while Sarah Skwire and Michael Nolan look at how totalitarian regimes grind down the individual--and how individuals fight back. Plus, Jeffrey Tucker identifies a strain in libertarianism that, left unchecked, could reduce even our vibrant movement to something that is analogous to the grim aesthetic of architectural brutalism. The struggle for our lives and freedom is a struggle for beauty; it begins inside each of us.
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