Monopoly and Competition

As the bureaucrats pursue their Draconian war on drugs, the Clinton administration is conspiring with the pharmaceutical industry to provide drugs at taxpayer expense. Under the guise of expanding Medicare—already a massive wealth transfer from young to old—prescription drugs will be included among the benefits the feds use to further rope senior citizens into the government orbit.

Another favorite fallacy of Al Gore.

The reason they are ever higher. 

Ed Shanahan on the significance of the Austrian tradition. 

What the Microsoft case implies about government power.

Washington's arrogant attempt to divert the market process. 

How bad theory is employed to call Microsoft a monopolist. 

Government is prosecuting success, at the behest of marginal producers.

Government is trying to grant Microsoft's competitors a monopoly. 

 Why should attorneys be given special legal privileges?