Monopoly and Competition

Mark Thornton comments in WND's article on recent cyber-security breaches. Thornton notes that, when breaches do occur, "Most, if not all of the time, the customer isn’t harmed; it’s the company that’s harmed. As a result, banks and retailers seek out enhanced security so criminals are less...

Last year, British entrepreneur Mike Watts made headlines when he opened England’s first private toll road in more than a hundred years. The road has now been closed, but its brief history provides a sad (and all-too-typical) example of...

In the dystopian movie Rollerball, all the world is ruled by one giant corporate state “controlling access to all transport, luxury, housing, communication, and food on a global basis.”

Thanks to popular media and the errors of neoclassical economics, we are trained to accept this...

In our latest video for The Mises View, Peter G. Klein discusses the demise of Blackberry and how the market, not regulators, should pick technology winners and losers.