Is the Vitamin Cartel a Threat? A Case Study of Antitrust Failure
The regulators are effectively saying that they know more efficient ways of organizing markets than those who actually buy and sell.
The regulators are effectively saying that they know more efficient ways of organizing markets than those who actually buy and sell.
One day Social Security will go from being a reality supported by myths to a memory whose myths were debunked by reason.
And as every good socialist knows, the best way to get rid of advertising is to get rid of competition and the need to market anything in the first place.
Leftist ideologues do pose a real threat. Many people find their rhetoric convincing. But all the Left really has to defend their position on minimum wages and other issues are faulty studies, demagogic remarks regarding poverty and racism, and vague references to "social justice." Logic and evidence are on our side.
As with all government intervention, price controls do not achieve what their originators think they will. Trying to maintain a supply of milk by putting a price control on it will cause shortages, which are the very situations the price manipulators said they wanted to avoid.
In May, the House of Representatives passed a bill that could lead to fines as high as $3 million per day for gasoline price gouging, which it defi
Like any other consumer, the government must turn to the production process — that is, to producers — for its funds. But unlike ordinary consumers, who obtain their incomes through voluntary exchange, the government obtains its income by means of forcible taxation.
Between the right's love for military socialism and the left's love of forced de-industrialization, together with the perpetual menace of politicians' clamor to make history, the cause of liberty needs even more ardent defenders.
As I’ve noted previously, there is nothing necessarily unlibertarian about the feds issuing a compulsory license of a patent, since this mere