Even though schools are supported by our taxes, we only laugh at the failure of a product we ourselves helped create.

The student loan bubble in the United States was born out of shortsighted education policies. After the last administration tried to equip every American household with their own home (without much success), the goal is now for every American to receive a higher education.

What affects oil prices? What can governments do? And can a commodity be controlled at all?

The problem with the solidarity-based health insurance system is rooted precisely in its solidarity, and not in the fact that a state administration has simply not yet been found that can "effectively manage our healthcare money."

Perhaps Deng's most important move was decollectivization. The process freed up the labor force—those left outside the "iron rice bowl" system—without work and income. They were the free resource that private initiative in the country needed.

The main reasons for the lack of normal channels for dialogue preceding the adoption of laws and the protests against them lie in the structure of our political system and the habits of our political class.

The ninth issue of the monthly EKIP newsletter contains the most interesting articles from the past month. For the first time in an EKIP newsletter, an article by an EKIP contributor is included. Back issues of the EKIP newsletter are available here.

Since there is no social optimum and any decision about common resources will be the result of political pressure (such as the protests) or parliamentary servility to certain special interests (such as the changes in the law), we can conclude that public ownership of resources has a fundamental problem.