The Freeman: December 1991 Volume 41, 1991

This issue explores the harmful effects of government policies across labor, trade, and the environment. It features a discussion on how the minimum wage prices teenagers and unskilled workers out of the labor market, leading to unemployment. The issue also includes a stark historical analysis of how protectionism worsened the Irish Famine, demonstrating the human cost of restricted trade. Finally, it addresses environmental policy, arguing for the superiority of free-market environmentalism and the establishment of clear private property rights as a better solution for pollution control than centralized government regulation.