Monopoly and Competition

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Carl F. Horowitz

The root of the pension problem, writes Carl Horowitz, is the inherent unsoundness of State-granted guarantees to firms (and unions) against market failure.

Benjamin Powell

In the game Monopoly, owners of land and houses and hotels, through acquiring their possessions by luck, are flattered into believing they are masters of the universe, extracting profits from anyone who passes their way. There is no consumer choice and no consumer sovereignty. This is not a small detail.

William L. Anderson

We have heard all the claims 10,000 times, and here William Anderson deals with the main ones.

Sudha R. Shenoy

The new protectionists, writes Sudha Shenoy, want to reverse the outflow of US capital to China and India. But it cannot be done, which is good in the long run for everyone.