Monopoly and Competition

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Mark Thornton on Cybersecurity

Free MarketsEntrepreneurshipMonopoly and Competition


Mark Thornton comments in WND's article on recent cyber-security breaches. Thornton notes that, when breaches do occur, "Most, if not all of the time, the customer isn’t harmed; it’s the company that’s harmed. As a result, banks and retailers seek out enhanced security so criminals are less...

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800 Years of Entrepreneurship

World HistoryEntrepreneurshipInterventionismMonopoly and Competition


Entrepreneurship still isn’t very popular in economics, but Austrian ideas are increasingly influential in contemporary management research, where the future is bright for young Austrians.

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Entrepreneurs Build the Roads—and Government Closes Them

The EntrepreneurEntrepreneurshipInterventionismMonopoly and Competition


Last year, British entrepreneur Mike Watts made headlines when he opened England’s first private toll road in more than a hundred years. The road has now been closed, but its brief history provides a sad (and all-too-typical) example of...

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Prepare for the Global Corporate State of Facebook?

Monopoly and Competition


In the dystopian movie Rollerball, all the world is ruled by one giant corporate state “controlling access to all transport, luxury, housing, communication, and food on a global basis.”

Thanks to popular media and the errors of neoclassical economics, we are trained to accept this...

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The True Purpose of "Competition" Policy

Monopoly and Competition


"Competition policy" is one of those great Orwellian terms that means the opposite of what it seems to mean. In most countries, antitrust policy is designed not to enhance competition, but to stifle it, by protecting...

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New Mises View: Peter Klein Explains Blackberry's Fall, Monopolies, and the State

InterventionismMonopoly and Competition


In our latest video for The Mises View, Peter G. Klein discusses the demise of Blackberry and how the market, not regulators, should pick technology winners and losers.

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Land Monopoly

Big GovernmentMonopoly and CompetitionPrivate Property


"There are two types of ethically invalid land titles: "feudalism," in which there is continuing aggression by titleholders of land against peasants engaged in transforming the soil; and land-engrossing, where arbitrary claims to virgin land are used to keep first-transformers out of that land...

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Bookstores in Trouble

Monopoly and CompetitionValue and Exchange


Sadly, Borders Group, Inc. is in trouble and it's up for sale. More and more of these companies continue to drop as consumers pinch pennies on wanna-have but don't-need items. I listened to analysts...

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