Monopoly and Competition

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Jonathan Newman

 A recent 60 Minutes piece cut into an extremely urgent problem of our day: expensive sunglasses.

David Greenwald

If law enforcement were to be governed by contractual principles, no one would need to fear that they were letting bulls into a china shop.

Mises.org

“There are two types of ethically invalid land titles: “feudalism,” in which there is continuing aggression by titleholders of la

Frank Chodorov

If Smith is the only cobbler in town, and we are unacquainted with the workmanship of cobblers in other towns, how can we judge his skill?

James E. Miller
As Mises showed, occupational licensing must lead to a decrease in supply, monopolistic conditions, and thus a lessening of competition.
Brian LaSorsa

It's pathetic that a government-enforced monopoly continues to lose money.

Murray N. Rothbard
Within a decade of the Puritans’ arrival in Massachusetts, the Plymouth fur trade had virtually disappeared. How did this happen?
Murray N. Rothbard

Later economists messed everything up: narrowing the definition of "competition" and broadening that of "monopoly."