Monopoly and Competition

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Yash Dubey

Among Mises's contributions was his doctrine of consumer sovereignty in a free market.

J.W. Rich

Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.

Yash Dubey

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.

Dominick Armentano

One of the most controversial areas in Austrian economics, and one where even long-established Austrian theorists differ sharply, is monopoly theory.

Vincent de Van

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

Carlo Lottieri

Present-day prophets of a united Europe share with past conquerors like Napoleon and Hitler a strong preference for a society directed, more or less violently, by a small political elite. All in the name of "eternal peace."