Alex Epstein

Everyone seems to have a different take on how to solve Americas health-care problem. But notice that every solution offered involves some elaborate new system of government controls. Different proposals include a public option, mandatory insurance for individuals,...

The Obama administration’s Department of Justice recently announced that it will dramatically increase enforcement of antitrust laws against successful, dominant companies who allegedly harm competition by wielding too much “market power.” What sorts...

What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is “only by understanding how we arrived at this moment that we’ll be able to lift ourselves out of...

Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers–borrowers whose ability to pay...

Throughout the housing crisis, we have heard demands from spokesmen for desperate homeowners, banks, and investors for every variety of government bailout. But there is one group from whom the nation has not heard: the millions of Americans who, like me, had nothing...

Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers–borrowers whose ability to pay...

Since the subprime meltdown began, the Bush administration has pledged to act to prevent foreclosures–but without interfering in the market or bailing anyone out. How is this possible? The administration’s answer: by “facilitating” what it...

As we witness large numbers of defaults on subprime loans–loans extended to those with no credit or bad credit–many are calling for the government to do something to stop the suffering. At the same time, many recognize that a bailout of struggling...

In January the FCC will auction off the prized 700 MHz spectrum of wireless bandwidth. But instead of offering the spectrum to the highest bidder to employ it however he judges best (for example, a mobile video-on-demand service), the FCC will force the winner to...

In the aftermath of General David Petraeus’s controversial report to Congress on the progress of the troop surge in Iraq, debate over what to do with our troops in Iraq is as strong as ever. And, as always, both liberals and conservatives claim that they, and...

The lead article in a recent issue of Time magazine makes the case for “universal national service”–which the article describes as “the simple but compelling idea that devoting a year or more to national service, whether military or civilian,...

Democrat and Republican candidates for President are debating one another on nearly every issue–but nearly all are united on one thing: America faces a crisis of “income inequality.” The rich are getting richer, the refrain goes, while the poor and...

With gasoline prices at their highest point in recent years, the knee-jerk response of many is to call for the government to “do something” to force prices lower. But no matter what the price of gasoline is, such calls are wrong. All market fluctuations in...