No such thing as a "natural" monopoly has ever existed. In real life, so-called "public utilities" faced frequent competition, so they secured government monopolies to destroy the competition and invented the myths to rationalize their monopoly power.
The growth of statistics, often developed originally for its own sake, ends by multiplying the avenues of government intervention and planning.
Let us consider the process that led to the decline and disappearance of classical Roman civilization.
The psychology of the anti-market left can be a puzzle, but even more confounding is the mentality of the anti-market right.
In this 90-minute 1981 lecture, Walter Block discusses the importance of allowing private markets — and not government planners — to decide how land and housing is used by those who buy, sell, and rent it.
Government power rests on the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. Those who want more government want more compulsion and less freedom.
Why are so many Christmas movies rife with villainous capitalists who constantly seek to ruin Christmas?
Henry Hazlitt has done us a great service, for it is a rare philosopher who recognizes that the consistent adherence to a set of ethical rules promotes social cooperation and benefits everyone in society.
