Monopoly and Competition

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Carl F. Horowitz

Religious social services soon may be getting a new ally in their efforts to rescue people from the clutches of poverty, drug addiction and other personal problems: the federal government. The hook is "compassionate conservatism," and as the linchpin of President Bush's domestic policy, stand-and-deliver time has come early. But his plan, if fully realized, should succeed mainly in underscoring the folly of state-sponsored private charity of any type.

Timothy D. Terrell

Due to the weakening economy, the red-hot job market appears to be at an end. Employers are already handing out pink slips, giving rise to complaints about the "injustices" of the market system, particularly among younger workers whose careers have been furthered by an unusually long economic boom.

Thomas J. DiLorenzo

Some ninety percent of all antitrust lawsuits are litigated by the private antitrust bar, which is to say, they involve one company suing one of its rivals, as opposed to the government bringing the suit. As a rule, whenever one company sues a rival it is because the rival is charging lower prices or providing superior products and services. Antitrust lawsuits are meant to throw a monkey wrench into the smoothly-functioning gears of the competitive process, and are therefore inherently anticompetitive.

William L. Anderson

During the seemingly endless debate over the government's treatment of Microsoft, the consensus seems to be that this is mostly a battle over ideas, including the role of government in economic matters. Whenever the subject of "self interest" appears, it usually deals with Microsoft's competitors that stand to gain from the destruction and looting of that software company.