A Travesty of Justice
Judge Jackson's reasoning is fatally flawed, says Dominick T. Armentano. Microsoft has a dominant position in a narrowly defined relevant market, but no meaningful monopoly and no output restricting monopoly power.
Judge Jackson's reasoning is fatally flawed, says Dominick T. Armentano. Microsoft has a dominant position in a narrowly defined relevant market, but no meaningful monopoly and no output restricting monopoly power.
Judge Jackson's decision in the Microsoft case assumes that superior technology doesn't win out in market competition. Is he right?
Walter Block decries statists who distort the meaning of words, and also those who kowtow to their politically correct agenda.
A stock price is not an objective rendering of value, but merely an opinion about the present and future worth of a company--and opinions can be wrong.
The attempt by government to collect information on citizens has a long and troubled history. The lesson is that power, once granted, will always be abused.
Those glitches serve a market function: consumers prefer advanced technology to perfect technology.
He talks like an old Keynesian but has early intellectual ties to the Austrian School, once calling the Fed's creation "a historic disaster."
In a fine case study of interventionism, regulators finally give in and reversed their previous mandates that led to an environmental mess.
The census is intrusive by nature, but the Clinton administration's version is brazenly pro-welfare, outrageously invasive, and costly even for states that supposedly benefit from its results.
Mises.org is developing, week by week, particularly in its library resources for students and scholars.