Monopoly is a market or part of a market reserved to the exclusive possession of one or more sellers by means of the initiation of physical force.
George Reisman
George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics. See his Amazon.com author's page for additional titles by him.
Visit his website capitalism.net and his blog atGeorgeReismansBlog.blogspot.com. Watch his YouTube videos and follow @GGReisman on Twitter.
The Line-Item Veto Is A Bad Idea
The line-item veto power thereby grants the President implicit legislative powers. This is clearly not the way to restrain Congressional spending; indeed, in the long-run it can only increase it.
The Soros Threat: Defending Capitalism Against a Capitalist
Soros seems prepared to apply the same collectivist moral-political principle for abridging the freedom of the individual as the Nazis.
Only A Gold Dollar Will End Deficits
The United States government has had a budget deficit in almost every year since 1933. Repeated pledges to end the deficits have come to nothing. The latest pledge, President Clinton's plan to eliminate the deficit by the year 2002, is only one more such empty...
Social Security Rescue Plans Mean Government Ownership of Business
The only really proper reform is the gradual abolition of the whole system, accompanied by the restoration of conditions in which people can rely on the future buying power of their savings.
Environmentalism’s Malaria Holocaust
Environmentalism regards wild speculation as the equivalent of scientific proof, and the “environment”–from California condors and spotted owls to rock formations and jungles–as intrinsically valuable and fully on a par with the value of human life.
The Toxicity of Environmentalism & The Anti-Industrial Revolution
In total opposition to the Industrial Revolution and all the marvelous results it has accomplished, the essential goal of environmentalism is to block the increase in one source of man-made power after another and ultimately to roll back the production of man-made power to the point of virtual nonexistence, thereby undoing the Industrial Revolution and returning the world to the economic Dark Ages.
The Toxicity of Environmentalism
The antihuman premise of nature’s intrinsic value.
Western Civilization, Education, and the Racist Road to Barbarism
This is no longer an educational system. Its character has been completely transformed and it now clearly reveals itself to be what for many decades it has been in the process of becoming: namely, an agency working for the barbarization of youth.
Education and the Racist Road to Barbarism
The value of education is derived from the value of civilization, whose guardian and perpetuator education is supposed to be. An educational system dedicated to the barbarization of youth is a self-contradictory monstrosity that must be cast out and replaced with a true educational system. But this can be done only by those who genuinely understand, and are able to defend, the objective value of Western civilization.
Subscribe for free.
Latest pro-Capitalism goodness sent weekly to your email box.
No spam. Unsubscribe anytime.