Intervention of the Federal Government


The intervention of the federal government, which creates a particularly problematic form of intervention, seems to grow without limitation.


Intervention by the federal government can cause extreme problems in a system as complex as a national economy. Intervention by the federal government, which ultimately tends to be violent in nature, applies to all parts of the economy as if the system were homogeneous. In addition to the problems caused by any form of intervention in the markets, treating all parts of the economy the same causes particularly severe distortions in the normal process of resource allocation.

Draft or Summary Page

In order to maintain continuity in the structure and navigation of the site we have posted a number of pages in a draft or summary format. We are working on the final edition and will post it as soon as possible.