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Policy

Market Failure

by Tyler Cowen

Many libertarians argue that though market failures exist, private solutions still work more effectively than government intervention.

Policy

Marriage

by Allen M. Parkman

Marriage, once just a social institution, now implies a legal relationship, with some limitations that could be changed for greater social benefit.

Policy

Military-Industrial Complex

by Christopher A. Preble

The alliance of the military technology industry and the growth of the government’s war authority has led to increasingly aggressive foreign policy.

Policy

Money and Banking

by Lawrence H. White

In this entry, Lawrence H. White explains the changing ways in which economists have thought about money and banking, including the debate over deregulation.