IP and Global Government
Stephan Kinsella has cast doubt on the legitimacy of intellectual property (PDF).
Stephan Kinsella has cast doubt on the legitimacy of intellectual property (PDF).
In the September 2005 issue of Corporate Legal Times, the article “High Court Set To Tackle IP Tying In Antitrust Cases” discu
As they say in the South, writes Chris Westley, you can stick a fork in organized labor. Its implosion is a reminder that, in the long run, market forces trump state power.
The Austrians view is that monopoly came about as privilege, usually granted by royalty, given to a particular person or industry. This process is arbitrary and capricious. Free entry is required in capitalism. There cannot be restrictions on entry, as with doctors.
Price, quantity, profit, and deadweight loss are four criticisms of monopolies.
One of the most controversial areas in Austrian economics, and one where even long-established Austrian theorists differ sharply, is monopoly theory.
Thomas J. DiLorenzo VENTURA Acrobat 3.0 Import Plug-in
The Foundations of Modern Austrian Economics, Edwin G.
Encyclopedia of Law and Economics, Northampton, MA: Edward Elgar