by Edward Peter Stringham
The American Institute for Economic Research
Economists have been writing for hundreds of years on the role of government in solving economic and social problems. A theme has emerged throughout: policy officials are quite often ill informed or have bad incentives compared with what individuals, markets, institutions, and society can achieve on their own. Economists have documented how government intervention leads to various unintended economic consequences and even human rights abuses.
We prefer private governance to public governance. We have applied this logic against socialism, fascism, war, macroeconomic planning, public goods, monetary policy, countercyclical fiscal policy, environmental regulation, and a hundred other issues. We’ve made a solid case for pure freedom.