Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that...

The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s – poor distribution of...

Free culture depends upon vibrant competition. Yet the effect of the law today is to stifle just this kind of competition. The effect is to produce an over-regulated culture, just as the effect of too...

It’s all very well to run around saying regulation is bad, get the government off our backs, etc. Of course our lives are regulated. When you come to a stop sign, you stop; if you...

Unless government appropriately regulates oil developments and holds oil executives accountable, the public will not trust them to drill, baby, drill. And we must!

Sustainable change, after all, depends not upon compliance with external mandates or blind adherence to regulation, but rather upon the pursuit of the greater good.

Deep pockets and empty hearts rule the world. We unleash them at our peril.

Deregulation is a transfer of power from the trodden to the treading. It is unsurprising that all conservative parties claim to hate big government.

Error of omission begets new rules.

Most young people have rebellious, anti-authoritarian impulses. They don’t like being told what, when, or how to do something. It’s ironic, then, that many of these same people embrace a system in which there would...

The legalization of marijuana is not a dangerous experiment – the prohibition is the experiment, and it has failed dramatically, with millions of victims all around the world.

The government should either force the population to get healthy, or tax them for not complying. If the people still refuse to shape up, they should be imprisoned. Nothing is healthier for society than more...

There has never been a ‘war on drugs’! In our history we can only see an ongoing conflict amongst various drug users – and producers. In ancient Mexico the use of alcohol was punishable by...

When, in the course of development, class distinctions have disappeared and all production has been concentrated in the hands of a vast association of the whole nation, the public power will lose its political character....

By exiling human judgment in the last few decades, modern law changed role from useful tool to brainless tyrant. This legal regime will never be up to the job, any more than the Soviet system...

How will the remaining portion of the community like to have the amusements that shall be permitted to them regulated by the religious and moral sentiments of the stricter Calvinists and Methodists? Would they not,...