a statute, but in some states a judicial rule) protects the legal cartel from competition. By artificially raising the cost of entry into the market, there are of Duke University Law School, is a scholar with the Mackinac Center for Public Policy. Leef, George C. “The Lawyer Cartel.” The Free Market 16, no. 11 (November
Stakeholder advocacy is not a principled ideology. Rather, it’s a jumble of policies forged out of resistance to the growing powers of free markets. But put these competitively disadvantaged groups together and they signal far more trouble than the virtually any platform they believe offers protection from plant relocations and competition. When Senator Jeff Bingaman introduced the idea of the R-Corp (R for
Bureau of Alcohol, Tobacco and Firearms (BATF), of Waco fame. Ben Lieberman of the Competitive Enterprise Institute has found more than 100 peer-reviewed studies in the of the health benefits of moderate drinking. When Seagrams abandoned a 48-year policy of not advertising on television in 1996, Congressman Joseph Kennedy (D-MA),
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.