For Immediate Release
October 27, 2026
News Release
New Book: Beyond Politics
A Powerful Force for Peace and Prosperity
Oakland, CA—Are there really as many market failures as we’ve been led to believe? Or might these be better understood as political failures?
In a fully revised and updated edition of a re-examination of what gets called “market failure” Independent Institute Senior Fellows Randy Simmons and Diana W. Thomas examine public choice literature on the various failings of democratic institutions in Beyond Politics: The Roots of Government Failure and the Case for Private Action.
“We contend that market failure is seriously misunderstood and that markets, correctly understood, can actually resolve most of the problems that are used to justify government intervention,” said coauthor Diana W. Thomas.
Through compelling case studies Beyond Politics demonstrates how voluntary cooperation and institutional innovation can, and do, solve complex social challenges.
Clear, engaging, and thought-provoking, Beyond Politics challenges readers to look beyond traditional political solutions and discover how decentralized human cooperation has long been the most powerful force for peace and prosperity.
Author Biographies:
Randy Simmons is a Senior Fellow at the Independent Institute and Professor of Economics and Director of the Center on Growth and Opportunity at Utah State University’s Jon M. Huntsman School of Business
Diana W. Thomas is a Senior Fellow at the Independent Institute, Associate Professor of Economics and Director of the Institute for Economic Inquiry in the Heider College of Business at Creighton University, and Co-Editor of The Independent Review: A Journal of Political Economy.
For more information, contact Robert Ade, [email protected], or 510-632-1366 ext. 114.
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The Independent Institute is a non-profit research and educational organization that promotes the power of independent thinking to boldly advance peaceful, prosperous, and free societies grounded in a commitment to human worth and dignity. For more information, visit Independent.org.








