Regulation
Related Freeman Articles
Article
Regulation Red Herring
There's no such thing as an unfettered market.
AUGUST 03, 2012 by SHELDON RICHMAN
Order grows from market forces. But where do impersonal market forces come from? These are the result of human action.
Wabi-Sabi
JPMorgan’s Blunder Is No Market Failure
Imperfect knowledge is not an argument for government oversight.
MAY 15, 2012 by SANDY IKEDA
Neither losses from error nor profits from good decisions are grounds in themselves for tighter regulation.
Wabi-Sabi
Donald Shoup Takes San Francisco
Solving the vexing parking problem.
MARCH 20, 2012 by SANDY IKEDA
Street parking is zero-priced because those streets, and the curbs and sidewalks that abut them, are not privately owned.
The Free Life
Economic Independence: Bedrock of Freedom
A room of one's own.
DECEMBER 20, 2011 by WENDY MCELROY
Economic independence is the bedrock of all other freedoms.
Article
Elizabeth Warren's Non Sequitur
You can't get to higher taxes from here.
SEPTEMBER 23, 2011 by SHELDON RICHMAN
Boiled down, Warren's argument is that since everyone has paid taxes to provide services without which wealthy people couldn't have made their money, they should pay more. How does that follow?
Related Publications
Multimedia
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."
Article
The Myth of Unregulated Tobacco
JUNE 22, 2009 by BRUCE YANDLE
On Monday, June 22, with apparent satisfaction, President Obama signed the 2009 Family Smoking Prevention and Tobacco Control Act (FSPTCA), a law that gives the U.S. Food and Drug Administration (FDA) regulatory authority over tobacco products. The law requires the FDA ...
Archive
Regulation Red Herring
Why There's No Such Thing as an Unregulated Market
JUNE 05, 2009 by SHELDON RICHMAN
Most people believe that government must regulate the marketplace. The only alternative to a regulated market, the thinking goes, is an unregulated market. On first glance that makes sense.