Monopoly and Competition

Displaying 71 - 80 of 534

Nothing New Under the Sun

U.S. EconomyU.S. HistoryEntrepreneurshipMonopoly and CompetitionValue and Exchange


There's no doubt that prosperity has smiled brighter and brighter on the last four generations. My grandparents, like many newly arrived from the Hell of Central Europe, lived in the attic above their ramshackle store. Their grandchildren however ramble around in what they would consider a...

Read More

How to Build a Railroad

Fiscal TheoryInterventionismMonopoly and Competition


Like Anthony Gregory, I agree with many of the nominees for the "Free Market Hall of Fame." Unfortunately, as Gregory notes, too many good guys are...

Read More

Patent Damages

Legal SystemMonopoly and Competition


Is that a verb or a noun? Some recent examples:

  • Qualcomm has been enjoined from importing chips that help conserve power in cellphones (
  • ...
Read More

Unions as Central Planning Mechanisms

Big GovernmentLegal SystemMonopoly and CompetitionProduction Theory


Lew Rockwell on unions. One of my favorite lines from people is the one that goes, "Well, nowadays unions are awful, but the early intentions were good." The early intentions of unions were the same as the modern goals: to...

Read More

Another Patent Tax

Taxes and SpendingInterventionismMonopoly and Competition


Just when you thought taxes and patents could not get any worse: Bush's Top Economist Seeks Patent on His Own Tax Strategy (9/13/2007) reports on a patent application for a...

Read More

Open Source Patents

Legal SystemMonopoly and Competition


Some companies are engaging in very creative maneuvering around the omnipresent threat of patents. The Open Invention Network (OIN), for example (Wiki entry), is a type of...

Read More

Sacrificing Workers on the Competition Altar

Monopoly and CompetitionProduction Theory


The recent Whole Foods victory over the Federal Trade Commission may obscure the harsh truth that when antitrust regulators challenge a merger, the companies involved usually surrender, not fight. Among the "routine" merger reviews is...

Read More

The Truth About Labor Day

InterventionismMonopoly and CompetitionProduction Theory


Labor Day is supposed to honor all American workers. And every year, union Labor Day rhetoric does just that. Unfortunately, it then makes the false leap to the claim that unions advance the interests of all American working men and women, not just their members. In fact, despite unions' pro-...

Read More

Let's Bring Back the Good Old Days of English Patents

Legal SystemWorld HistoryMonopoly and Competition


It's somewhat striking that modern libertarian advocates of patent rights seem blithely unaware of the utterly monopolistic, completely unlibertarian origin of "patent grants" by English monarchs. At the very least, they ought to be a...

Read More

Who owns the copyright to cut-up jeans or low-rise pants?

Legal SystemMonopoly and Competition


Or better yet, what do the fashion and dining industries have in common?

Neither has traditionally been protected via IP laws.

Yet while conventional wisdom suggests that IP regimes are a necessary condition for both invention and innovation, the fashion and dining industries thrive...

Read More
Shield icon library