This second myth about market failure is again a call for interventionism and support for bigger government. Natural monopolies don’t exist. The theory was made up after the fact. The only monopolies existing are those propped up by government privilege.
In this excerpt from his new book, Hans-Hermann Hoppe shows how taxation corrupts the political culture and harms social well being.
Is Google the next target of the government's antitrust police? William Anderson says it is possible.
A condensed version of the documentary “Talking Butts,” Directed by Jesse Walker, Patrick McMenamin and Bretigne Shaffer; Produced by J
Henry George's 1886 book on trade is a devastating critique of the arguments of protectionists.
Protection or Free Trade, published in 1886, is undoubtedly one of the most significant works ever written on the subject, writes Laurence Vance.
For two years, we have been innudated with denunciations of "corporate greed" that has supposedly created scandal and led to prosecutions of CEOs, writes Gary Galles.
Competition is a productive aspect of the market economy, writes Ninos Malek, but sometimes businesses urge the government to intervene when their competitors pose a threat. This is the driving force behind antitrust legislation.
