What role should a government play in the economy? When does government intervention help? When does it hurt? How do ...

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there ...

Greg Ip, Economics commentator for the Wall Street Journal, has made an interesting and relevant observation about the American economy. According to Ip, our economy is, sliding into a “China ...

Free Markets. Markets Aren't Perfect, but Government Is Worse The free market allows people to cooperate, fix errors, and adapt to changing circumstances.

A command economy is controlled by a government while a mixed economy is driven in large part by the private sector, with some government control and intervention.

Government Intervention Versus The Free Market The domestic health of the markets is tied heavily to the economic well-being of the public. Whilst it may seem more prudent to dispense with changing ...

Ultimately, inflation cannot be solved by government intervention, and attempts to cap “excess profits” as some economists suggest, will only stifle the market forces that drive economic recovery.