Monopoly and Competition

Delivered at the Mises Institute’s 25th Anniversary Celebration, 13 October 2007, in New York City.

Here we go again with real competition being portrayed as anticompetitive.

The extent those costs harm the domestic auto industry illustrates what happens to industries in which worker benefits exceed worker productivity. No market participant consistently gambles with economic law and wins, and the UAW has been gambling for a long time.

There’s no doubt that prosperity has smiled brighter and brighter on the last four generations.

Like Anthony Gregory, I agree with many of the nominees for the “

Is that a verb or a noun? Some recent examples:

Lew Rockwell on unions.

Just when you thought taxes and patents could not get any worse:

Some companies are engaging in very creative maneuvering around the omnipresent threat of patents.

Labor Day is supposed to honor all American workers. And every year, union Labor Day rhetoric does just that.