Many believe, in short, that the antitrust laws are responsible for our having a competitive society. Preserving competition might have been the objective in about 1890 when the basic act was A Useful Antitrust Action I want to make clear that one phase of antitrust policy is in my opinion of real social utility. That is the phase concerned with
Competition b etween Primitive Communities and Its Results As population began to and moral benefits which such aggrandizement secures to themselves. Their home policy is therefore to augment their own functions within the State by arrogating
focused on limiting the discretion of the Fed by imposing a rules-based monetary policy. In 2015, the House passed the FORM Act, which would have required the Fed to of criticizing Yellen for keeping rates low for political reasons. A monetary policy rule is not, however, a partisan endeavor. Christina Romer, who first headed wills obligated by Dodd-Frank. So if a monetary rule isn’t a solution, what is? Competition. Continue reading at The Daily Caller.
Abstract: Industrial policies (IPs) include such varying practices as production subsidies, export and are commonly used by countries to promote targeted sectors. However, such policies can have significant impacts on sectors other than those targeted by the paper examines whether steel-sector IPs have a significant impact on the export competitiveness of the country’s other manufacturing sectors, particularly those that
Volume 6, No. 4 (Winter 2003) Mainstream writings on monetary policy typically focus on the goals that are assumed to be the goals of monetary altogether and gives way to a description of the technicalities of open market policies, discount rates, reserve requirements, and so on. In the present article, we only through its focus on the production of money. We also take the case of money competition—parallel production and use of several monies—to be the rule rather than
Mises Review 18, No. 2 (Summer 2012) THE DARWIN ECONOMY: LIBERTY, COMPETITION, AND THE COMMON GOOD Robert H. Frank Princeton University Press, 2011, influence, as he sees it, that libertarian positions have on discussions of public policy. I suspect that there is more to it than that, though. Libertarianism exerts a
European Union is a cartel of high-tax governments whose goal is to restrain tax competition . The EU’s supposedly free — this is, regulated — trade policy is none other than an excuse to homogenize the tax and regulatory regimes of
American economists to prove his point. Other essays include: “Middle-of-the-Road Policy Leads to Socialism,” “Laissez Faire or Dictatorship,” “Inflation and Price calculation, the theory of cost, entrepreneurship, wealth accumulation, and competition. In general, the essays are more accessible than Mises’s Human Action ,
with large pieces of state and federal legislation, AOA and J&J hope to eliminate competition through regulatory capture. Eye care professionals are unique in that their paper “ The Sharing Economy and Consumer Protection Regulation: The Case for Policy Change ,” “[e]ven well-intentioned policies must be judged against real world
Clean Air Act or the absurdities associated with wetlands or endangered species policies. However, environmental policy can do what it is explicitly intended to do: lower standards of living. But antitrust policy, in contrast to its stated policy, does not generate competitiveness. Such bogeymen as predatory pricing still scare the bureaucrats at
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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.