Monopoly and Competition

In its current form Freddie Mac is a mercantilist company, and as such, it is not a good example of free enterprise, write Paul Cleveland and Michael Tucker.

The term Austrian will include people like Shumpeter and Morgenstern. Competition is seen as a state of affairs of perfect knowledge and equilibrium by mainstream economists. This fails to provide explanations as to how those market prices have been achieved.

Let us grant that patents encourage innovation; Stephan Kinsella still wants to know: at what cost?

European antitrust regulators have taken the worst of American antitrust "analysis," argues DT Armentano, and made it even worse.

The oft-heard tale about the sad plight of labor as versus capital is almost entirely false, writes Thomas Woods, author of a new book on American history.

Amazon has been sued by Cendant for violation of its patent for “System and Metho

Recorded 10/15/2004 at Radical Scholarship: The Guerrilla Movement for Liberty.

People are right to feel excluded, ignored, and otherwise ill-served by the political system. And yet what do the two parties do about this?

It was capitalism that finally ended the Great Depression, writes Tom DiLorenzo, not FDR's hair-brained cartel, wage-increasing, unionizing, and welfare state expanding policies. 

A basic understanding of the elementary economics of unionism, writes Tom DiLorezno, shows why violence against competitors has always been an inherent feature of unionism.