The consumers of computer software need the freedom of Bill Gates and Microsoft to produce and innovate in any branch of computer software they choose.
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.
Energy Policy: Why the Price of Oil Is Surging
The government and the ecology movement have done everything in their power to raise the demand for and restrict the supply of oil.
Government Cheating in the Consumer Price Index (CPI)?
The government is using people’s efforts to minimize the harm they suffer from rising prices to conceal the existence of those rising prices.
An Update To “When Will the Bubble Burst?”
It May Be Bursting Now, and Faulty Economic Analysis Could Cost Investors Dearly
When Will the Bubble Burst?
As the inflation-induced appearance of wealth is made to substitute for the fact of wealth, the boom gives rise to a consumption that takes place at the expense of essential saving and capital accumulation and thus serves ultimately to cause impoverishment.
The Clinton Impeachment: No Imperial Presidency
The supporters of the President and, apparently, a majority of the American public, believe that the President should be exempt from laws and sanctions to which ordinary citizens are subject.
Reisman Responds To A Review of “Capitalism: A Treatise on Economics”
The Review of Austrian Economics (RAE) recently published a review of my book Capitalism: A Treatise on Economics that, while praising my book to some extent, seriously misrepresents or altogether ignores major portions of it.
Global Crisis and the Survival of Capitalism
A growing number of countries–among them, Thailand, Indonesia, Malaysia, South Korea, and Russia–are in a state of financial turmoil. They are all suffering from the effects of currency devaluation, widespread bankruptcies and insolvencies, actual or impending bank failures, collapsing stock markets, and mounting unemployment.
On Microsoft and Monopolies
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.
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.
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