Monopoly and Competition

Watkins paints a very strong case against trolls, while pointing out some of their supposed benefits.

UPDATE: The fact that marijuana legalization ballot measure (Issue #3) failed in Ohio is not an indication that legalization is not supported by the people. It was because they rejected government monopoly of pot growing as shown in the victory in the passage of Issue #2 which bans such monopolies. Its a great libertarian victory overall.

Nevada has ruled that online fantasy sports are subject to gambling license laws in the state. The reason for the ruling is painfully clear: to suppress competition with the big casinos in the state.

It was a big week for Bernie Sanders's brand of socialism, and millions of Americans already agree with him. Thanks to unquestioning acceptance of wild claims about the success of socialism in Europe, many Americans are now wishing for some European-style socialism themselves.

Privatizing garbage collection isn't exactly a tough nut to crack from the perspective of entrepreneurs and economic theory. But that doesn't stop government from mandating a government monopoly on trash collection in many places.

There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.

Includes an introduction by Jeff Deist. Recorded via Skype at the Mises Institute in Auburn, Alabama, on 23 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.