Mythical Roots of Antitrust: ‘Perfect Competition’
Antitrust law relies heavily on flawed economic theory–particularly its theory of competition. It’s a view held explicitly or implicitly by most economists, politicians, and journalists. It’s been taught for decades in the universities....Mythical Roots of Antitrust: Economic Power vs Political Power
From the time great business leaders were first maligned as “Robber Barons,” socialists have tried to obscure the difference between economic power and political power. They’ve insisted, against all evidence, that productive giants such as Andrew...Mythical Roots of Antitrust: Preface
Most of you will recall the scandal during the winter Olympics a few years back, when disgruntled skating competitor Tanya Harding hired a thug to take a pipe to the shins of Nancy Kerrigan. Harding was envious of Kerrigan’s superior ability and tried to cripple...NY Times Commentator has a Confused Concept of Censorship
Censorship refers to the government’s forcible suppression of speech, to the imposition of legal penalties on those who would express particular points of view.
What Happened to Our Right to Life, Liberty, and the Pursuit of Happiness?
On Independence Day we commemorate the birth of America as a free nation. But even more than that, we commemorate the birth of Americans as free men. At a single stroke, the Declaration of Independence and its ideals set America free from England, and set Americans...America’s Heritage of Economic Liberty
For the Founding Fathers, economic liberty was inseparable from the case for political freedom.