People engage in fierce competition everyday. Entrepreneurs strive to create the next Microsoft, employees granted a special privilege to operate by the government. The best anti-monopoly policy is one in which the government does not intervene in the affairs of business
for reforming state automobile laws. Some claim that these laws will increase competition. Given the track record of this legislature in regulating auto insurance, It eliminates the ‘take all comers’ law. It also eliminates a 1$ a day medical policy for poor drivers. Such measures lower costs, but not necessarily prices. The
even tabled proposals on this issue, much less scrapping the 35-hour workweek, a policy that is estimated to cost the French economy billions of dollars in lost have taken positive steps to protect their enfeebled economies from leaner competition. Tax The involuntary confiscation of property practised by governments
the Patriot Act. Similarly, Candidate Bush’s campaign speeches on a humble foreign policy significantly contradict today’s dangerous extension of costly military three and a half years, especially following pro-government Bush Administration policies on trade, immigration, education, and the national debt. Most recently, I because they perceive them as being relatively less statist in action than the competition. At the very least, we should point out the discrepancies between the
efficiencies in labor costs, partially insulating themselves from the intense competition created by large-firm economies of scale. Of course, this tactic should wage, therefore, the greater the labor surplus and the more detrimental the policy becomes. For example, ask yourself if, all else equal, you would hire me for
a result of the new South Africa’s restrictive labor laws and affirmative action policies, a large number of educated white South Africans chose to emigrate to other University of the Witwatersrand. During the early part of the 20th century, as the policy of official apartheid became institutionalized, technical innovations that of white South Africans were to discover that their job security and even the competitiveness of the companies they worked for, often came to depend on the ability
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.