The antitrust laws are based on the economic theory of "pure and perfect competition" and deeper, on the ethical theory of altruism, or self-sacrificial service to others. What do the laws require? What illegal behavior do they cite? What punishments do they...
When Federal Reserve chairman Alan Greenspan speaks, markets listen. But Mr. Greenspan doesn't create wealth, as E.F. Hutton did when he spoke. Mr. Greenspan's speeches tend to destroy wealth. Last week, for example, Greenspan told Congress that he'll keep raising...
This article is an adaptation of a lecture Mr. Salsman gave at Harvard University, in May of 1999. The print version has been edited lightly in order to retain it's spontaneous quality. Mr. Salsman has not reviewed the edited version.I've mentioned some of the...
Government should uphold and enforce market contracts–not violate freedom of contract by dictating the terms, changing the terms, or abrogating the terms of contracts
Part 3 of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and MicrosoftThe following article is an adaptation of a lecture Mr. Salsman gave at Harvard University, in May of 1999. The print version has been edited lightly in order to retain it's...
Part 1 of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and Microsoft The following article is an adaptation of a lecture Mr. Salsman gave at Harvard University, in May of 1999. The print version has been edited lightly in order to retain it's...
On March 3, 1999 Bill Gates will testified before the United States Senate Judiciary Committee to defend Microsoft against-anti trust charges. Prior to Gates's testimony, activist Ralph Nader will be mobilizing his "public citizens" to condemn Microsoft's practices....
In response to the growing recognition of the systemic problems with Social Security, President Clinton has suggested strengthening the program by investing over $700 billion of projected surpluses in the stock market. His plan, however -- along with similar...
Part 2of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and Microsoft Just as Marxists do, the proponents of antitrust laws--a century ago and today--actively seek to obscure the crucial distinction between economic power and political...
In the past year, foreign nations taking IMF advice on currency, tax and banking policies have suffered over $200 billion in loan losses and capital flight. The IMF has been pouring the funds of Western taxpayers into these regimes as fast as local wealth has been...
One vital fact was omitted in the news accounts about the success of Boris Yeltsin's recent heart surgery: the failure of socialized medicine. And this fact underscores the question of whether America's health-care policies are courting a similar failure. Competent...
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.