“Occupational regulation has served to limit consumer choice, raise consumer costs, increase practitioner income, limit practitioner mobility, deprive the poor of adequate services, and restrict job opportunities for minorities—all without a demonstrated improvement in quality or safety of the licensed activities.” S. David Young, who teaches accounting and finance at Tulane University, brings economic analysis...
Author: Richard A. Cooper (Richard A. Cooper)
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Champion of Choice
After a long neglect, the Austrian school of economics is enjoying a resurgence of both academic and lay interest. In 1981, New York University, a center for Austrian economic thought, convened a conference in honor of the most distinguished leader of this school, Ludwig von Mises (1881-1973). A product of that conference, Method, Process and...
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Commendables
Holy Water for the Rich Bernard Murchland: The Dream of Christian Socialis,; American Enterprise Institute; Washington, D.C. Christianity and socialism exert tremendous influence in our world. Not surprisingly, some people have sought to harness these powerful forces together in one unified engine of change. Today, we hear talk of a “Christian social conscience” and “liberation theology.” Bernard...