Mises Daily
Author:
Thomas J. DiLorenzo
Online Publish Date:
of wealth from labor to capital owners in the aggregate, competitive markets always alter the distribution of income in ways that some do not like. There the manufacturers of this country would permit free competition in the American market. The danger was that the beneficiaries of the bill would combine and cheat the about actual economic events in the late nineteenth century—and the failure to appreciate that competition is best viewed as a dynamic discovery