Mises Wire
Author:
Sylvester Petro
Online Publish Date:
[ Reprinted from Free Market Economics: A Basic Reader , compiled by Bettina G. Greaves .] The great monopoly problem mankind has to face today is not an outgrowth of the operation of the market economy. It is a product of purposive action on the part of governments. It is not one of the evils inherent in capitalism as the demagogues trumpet. It