Tiger Woods' remarkable run of success continues. In winning the last three major tournaments, two by record margins, he set new standards of golfing excellence while his competitors fought over second place. Some media commentators have wondered whether his success...
The Coming to the Nuisance Doctrine is the only objective means of determining who has the right to continue using his property in the event of a nuisance. If zoning is to be replaced, therefore, it must be replaced with the Coming to the Nuisance doctrine. Since it...
"Coming to the Nuisance" means exactly what it sounds like: if a property owner is using his property so as to cause a nuisance to another property owner, then the property owner who was the earlier to start his particular use is the one who has the right to continue...
The proponents of zoning claim that such initiation of force is necessary against developers to prevent the occurrence of nuisances.A "nuisance" is defined as the effect from an activity on others which unreasonably interferes with another's lawful use of property, or...
Real estate developers have good reason to feel cannibalized when they attempt to develop something today.Building permits for their projects are often exceedingly difficult to secure, requiring thousands of dollars in architect's and attorney's fees, and months (if...
Good afternoon.I want to address four issues regarding anti-trust as they apply to the Microsoft case.Anti-trust Paralyzes the Thinking ProcessIn my research on the traits of great wealth creators (The Prime Movers: Traits of The Great Wealth Creators), I identified...
The antitrust laws and their enforcement are every bit as arbitrary as the "perfect competition" doctrine. Consider only those provisions relating to price setting. If a business sets a price above the prices of its rivals, it can be charged with "intent to...
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. Unfortunately, it's also a...
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 Carnegie, John D....
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 her...
In a recent speech to businessmen at a technology industry conference, Senator Orrin Hatch (R-UT), a long-time proponent of breaking up Microsoft, stated that he supported "strict enforcement of antitrust laws" because they are "essential to the health of the economy...
What do low interest rates have to do with causing the government to inflate the money supply?The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the 'Fed Funds rate'. This is the rate that...
Earlier this month US District Court Judge Thomas Penfield Jackson issued his "conclusions of law" in the Microsoft antitrust case. BAM! Nearly $90 billion in value was destroyed--at Microsoft alone. The firm's stock plunged 14%. The broader NASDAQ index fell...
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.
Only a month ago, the Justice Department filed its motion that the Microsoft Corporation be broken into pieces as a "remedy" under the antitrust laws. The government wants to split the company into two pieces, one to make the Windows operating system, the other to...
Strikers must, however, recognize that employers possess options as well. An employer may refuse the pay hike, lock the workers out, and/or seek replacement workers.
The interstates were never the result of some individualistic, egoistic ‘love of the private automobile’, but rather of anti-capitalist, mixed-economy politics straight-up: the initiation of physical force for the sake of the greatest good for the greatest pressure group.
Locke said that the only way Gates can fight government prosecutors is for the Microsoft founder to “assert proudly his right to his own existence — which means: the right to do business not as a public servant but as an individual with inalienable rights.”
Urban Renewal disfigured cities because of the introduction of eminent domain into the land development process.
Like other antitrust targets, Microsoft, is guilty--of something. They're guilty of something terrible. They're guilty of believing they're guilty. They're guilty of believing they're evil. They're guilty of apologizing for they're success, for their sales, their...
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...
The press coverage of Microsoft's antitrust trial, up through the testimony of the final witness, has conveyed one consistent theme: Microsoft is losing. Its witnesses, we are told, have been caught in inconsistencies; Bill Gates's videotaped testimony was evasive;...
The government is using people’s efforts to minimize the harm they suffer from rising prices to conceal the existence of those rising prices.
It May Be Bursting Now, and Faulty Economic Analysis Could Cost Investors Dearly
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.