Week in Review: June 17, 2017
One might now say monetary policy has progressed from a policy of "ultra low" rates to simply a policy of low rates.
Monopoly and Competition
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Government as the Source of Monopoly: US Airlines Edition
"Is Government the Source of Monopoly?" asked Chicago economist Yale Brozen. Yes, he answered.
The Eye-Care Industry Wants Big Government to Crush the Competition
In a typical case of an industry using government to fight the competition, the American Optometric Assoc. wants a monopoly in the eyecare industry.
ESPN and the Bursting of the Sports Bubble
ESPN is losing 10,000 customers per day, and this means big trouble for all of the sports entities that depend upon the big payouts that ESPN provides.
Week in Review: April 15, 2017
This week, President Trump decided Candidate Trump was wrong about the Federal Reserve,
United Airlines Violence Illustrates the Problem with Government Monopolies
If airlines had monopoly power like states do, they could abuse people a lot more and face far fewer consequences.
Consumers — not Uber’s CEO — Are Responsible for Uber Drivers’ Falling Income
If Uber drivers think fares are too low, they should complain to consumers, and not to Uber's management.
Trump Cuts Subsidy to Real Estate Industry, Opponents Call It a “Tax Increase”
The FHA has long subsidized home loans and home sales with its federal insurance program. Banks and Realtors want to keep the money flowing.
Mexicans Are Blaming “Neoliberalism” for Socialism’s Failures
A state monopoly on the oil industry has been impoverishing Mexicans for decades. Yet, the market is blamed for the economy's woes.
The Great Thanksgiving Hoax
In the early years, the pilgrims of Plymouth Colony had little to be thankful for until they gave up on dreams of utopia and turned to markets instead.
