Fischel demonstrated that the “crimes” Milken allegedly committed were mere bookkeeping infractions which violated no legitimate rights and harmed nobody.
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Payback: The Conspiracy to Destroy Michael Milken and his Financial Revolution, by Daniel Fischel
Fischel’s thesis is that Milken was a financial genius who fell victim to envy and became the scapegoat for economic disasters caused by the government.
Microsoft is Successful Because It is Competitive
Bill Gates, Microsoft's founder and Chairman, had to testify before the Senate Judiciary Committee this week because his competitors, the government, and his other foes have manipulatively vilified him. They unjustly characterize Microsoft's dominance in computing as...
A Petition To Stop The Persecution of Microsoft
The grassroots petition ended up receiving over 30,000 online signatures as part of an initiative launched by Mark Da Cunha for the Moral Defense of Microsoft.
A Double Standard of Justice Toward Microsoft
In 1988, Microsoft offered manufacturers of personal computers a considerable discount on the licensing fees they pay to install MS-DOS and Windows operating system on new PCs prior to their leaving the factory. In exchange it required manufacturers to pay for each...
Antitrust Against Justice
The suit against Microsoft by the U.S. Department of Justice is, in fact, a grave act of injustice. To understand this, it is necessary to look at the background and legal context of this case. America' antitrust laws are highly ambiguous. They create offenses for...
The U.S. Government’s Assault on Microsoft
The U.S. Department of Justice (DOJ) recently accused Microsoft of violating U.S. antitrust laws, and asked a federal court to fine Microsoft an unprecedented 1$ million per day until the "violations" cease. Microsoft's "crime" was to include its Internet Explorer...
Economics of Unionism
The Teamsters' strike, and its pending settlement, against United Parcel Service (UPS) gives us a chance to think about unions and labor issues. In a free society, people have the right to form voluntary associations. Therefore, any impediment, including so-called...
Economics 101
Many people think economics is about businesses and financial institutions but economics is much broader than that. Economic theory makes a valuable contribution whenever there are costs and benefits of any human action. Take dating. Suppose you see a fat, old, ugly,...
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...
The Failure of Antitrust Policy
All Antitrust Law Should Be Repealed.
“Buy American” Is Un-American
Government interference with free trade is un-American. Sacrificing one’s standard of living in order to subsidize inefficient domestic producers is un-American. The tribal fear of foreigners is un-American. Resentment at others’ success is un-American. A patriotic American acts as a capitalist and an individualist: he buys the best, wherever it may be found.
Free Market Money – Instead of Political Manipulation
Money must be separated from the State.
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