Profiles

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

The late Dr. Thomas Szasz, who was well known to libertarians, believed using coercion to treat psychiatric patients was a form of torture. He left a legacy of freedom in a profession that has all but abandoned liberty.

Like new money, knowledge spreads unevenly through the economy in a kind of Cantillon effect. Here's what that means for different market actors