Social Media Companies Aren’t the Good Guys. They’re Also Not Monopolists.
Social media has lied about user privacy and has misled the public about the platforms' status as open forums. But none of this makes these companies monopolies.
Monopoly and Competition
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“Monopoly” Is No Excuse for Government Intervention
In an unhampered economy, monopoly is not a framework distinguishable from “pure” competition. In fact, inefficient monopolies arise only in case of government interventionism.
Patrick Newman on Rothbard’s Power & Market
Dr. Patrick Newman joins Jeff Deist to discuss Rothbard’s groundbreaking conceptual work in private defense, private courts, and the stark realities of political incentives.
The Misplaced Fear of “Monopoly”
The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.
Man, Economy, and State: Monopoly with Dr. Walter Block
Dr. Walter Block joins the show to discuss Rothbard's breakthroughs on monopolies and cartels, and to draw downward-sloping demand diagrams for us!
The Misplaced Fear of “Monopoly”
The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.
Man, Economy and State with Jeff Deist
Jeff Deist tackles the first Chapter of Man, Economy, and State. So much of what economics texts get wrong is laid out brilliantly here by Rothbard, who gives readers the basics of action, means/ends, time, ranking, factors of production, and capital in this 77 page master class.
