This issue highlights how government taxes, subsidies, and welfare structures have driven New York City’s economic decline while illustrating how well-intended laws routinely produce harmful unintended consequences. Articles analyze Keynes’s legacy, celebrate personal initiative, and expose the reach of regulation in everyday life. Additional pieces explore ancient lessons on taxation, theological warnings about the welfare state, bureaucratic absurdities, the alliance between labor unions and big government, and John Locke’s lasting influence on natural-rights philosophy.