helena-markham

The Economics of Regulation: Who Really Benefits?

Regulation is almost always introduced with moral language. It promises protection — for consumers, workers, investors, patients, and the environment. It is framed as a shield against exploitation, instability, and unfairness. From financial oversight to environmental standards, regulation is presented as a corrective mechanism for market failures and social risk. Yet regulation also redistributes power, […]

23 Feb 2026

Why Central Planning Fails: A Philosophical Perspective

There is something deeply seductive about the idea of central planning. Imagine a society guided not by chaotic competition, but by intelligence. Not by scattered decisions, but by coordinated reason. Resources allocated rationally. Waste eliminated. Inequality corrected. Production aligned with social need. The promise is powerful: if only the right minds were in charge, guided […]

23 Feb 2026

Liberty and Responsibility: Two Sides of the Same Coin

Modern political debate often treats liberty and responsibility as opposites. Liberty is framed as the right to act without restraint; responsibility is framed as the demand to accept limits. From that perspective, freedom looks like release and responsibility looks like control. But a mature view of a free society begins with a different insight: liberty […]

23 Feb 2026

The Knowledge Problem and Modern Governance

Modern governance is increasingly confident in its ability to manage complexity. Governments now collect vast datasets, commission predictive models, measure performance through dashboards, and promise “evidence-based” interventions across everything from housing and healthcare to education and climate policy. The ambition is understandable: if we can measure a problem accurately enough, surely we can solve it. […]

23 Feb 2026

What Does Classical Liberalism Really Defend?

“Classical liberalism” is one of those labels that many people use confidently and few define carefully. In everyday debate it is often treated as a synonym for “free markets,” sometimes as a polite way of saying “libertarian,” and sometimes as a historical relic that cannot possibly address modern problems. But classical liberalism is not primarily […]

20 Feb 2026

The Oxford Hayek Society: A Case Study in the Revival of Classical Liberal Thought

Student societies often reflect the intellectual climate of their time. Some emerge around cultural movements, others around political activism, and a few around enduring philosophical traditions. The Oxford Hayek Society belongs to the latter category. Rather than positioning itself as a campaign group or a transient political club, it has developed over decades as a […]

20 Feb 2026