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Economic PolicyInflationEntrepreneurshipMonopoly and Competition
Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible.
Free MarketsSocialismMonopoly and Competition
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Economic FreedomEconomic PolicyMonopoly and Competition
The presence of a "natural monopoly" is supposed to be a sufficient reason for government to intervene in the economy. But what if there truly is no such thing as a "natural monopoly"?
Bureaucracy and RegulationCronyism and CorporatismMonopoly and Competition
South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets.
Among Mises's contributions was his doctrine of consumer sovereignty in a free market.
Big GovernmentFree MarketsMonopoly and Competition
Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.
Economic FreedomFree MarketsMonopoly and Competition
The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.
Corporate WelfareCronyism and CorporatismLegal SystemMonopoly and Competition
Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.
U.S. HistoryMonopoly and Competition
We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies.
Monopoly and Competition
It's conservatives, not libertarians, who are naïve about big media power.