Monopoly and Competition

Public television keeps alive the idea that disasters caused by government bureaucrats will be solved if only we get the "right" people to run things.

“Evidence of government failure” calls for a return to privatization to “reduce costs, improve service quality, and accelerate technological change.”

One might now say monetary policy has progressed from a policy of "ultra low" rates to simply a policy of low rates.

ESPN is losing 10,000 customers per day, and this means big trouble for all of the sports entities that depend upon the big payouts that ESPN provides.