How does one respond to the idea that government needs to regulate monopolies? More specifically, in a free, capitalist economy, is there any time when government would intervene “for the consumer’s good”?...
Wolnorynkowcy sami zniszczyli ideę wolnego rynku, wykorzystując ideę kapitalizmu opartego na kontrakcie do wyeliminowania konkurencji i jakiejkolwiek kontroli państwowej - twierdzi Baseline Scenario. A prof. Brad...
“Competition” is one of those terms whose definition everyone assumes he knows. Most people would say they like it and would welcome more of it, but they are usually more enthusiastic if it’s “the other guy” and not...