In this article, the authors criticize the expansion of government to correct market failures. Primary focus is given to the moral aspects of free enterprise and government expansion, with the authors criticizing the notion that markets are inherently immoral and propelled by self-interest while...

We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If private property rights and relative prices based on supply and demand are necessary for successful economic coordination, then conventional market failure theories cannot be...