The problem with most attempts at state intervention is that they have mistakenl

The problem with most attempts at state intervention is that they have mistakenly attempted to manipulate and control prices – the obvious thing. Rather than attempted to constrain the impact of trade on externalities: the commons. Most insidious has been the doctrine of laissez fair in which the common good is assumed to be the product of reduced prices and increased consumption rather than the accumulation of future-competitive capital.