Big Milk + big government = raw deal for consumers. When it comes to milk, government isn’t interested in your health. The red tape imposed on this breakfast favorite isn’t just there to ensure dairy products aren’t spoiled. Rather, the rules intentionally limit competition and keep prices high. In this crony capitalist venture, consumers are the ... MORE
Showing posts with label monopoly. Show all posts
Showing posts with label monopoly. Show all posts
Thomas Sowell - Killing The Goose
Incentives for destruction. Killing the goose that lays the golden egg is one of those old fairy
tales for children which has a heavy message that a lot of adults should
listen to. The labor unions which have driven the makers of Twinkies
into bankruptcy, potentially destroying 18,500 jobs, could have learned
a lot from that old children's fairy tale. ... MORE
Stephen Mauzy: Why Free Markets
The best political economy imaginable. To exchange for greater benefit is as natural to humans as any innate bodily function. Exchange needn't be taught or explicated. No inculcation need occur. It just happens. A kindergartener exchanges his juice box for another kindergartener's cupcake. Because of inequality of wants -- ... MORE
Katie Kieffer: Amazon Is Obama's Mistress
President Obama has a mistress. Her name is Amazon. Whereas former Presidents Kennedy and Clinton rendezvoused with female interns, Obama rendezvous with an e-commerce company. Amazon currently monopolizes e-book sales, controlling 60 percent of the market. And, like a jealous lover, Obama is suing Amazon’s competitors in order to ... MORE
Labels:
anti-trust,
capitalism,
DOJ,
executive power,
justice,
liberty,
monopoly,
prices,
technology
Crony Capitalism & The Expansive Central State
by Charles Hugh Smith, Of Two Minds. Crony capitalism arises when an expansive Central State dominates the economy.The Central State can then protect crony-capitalist perquisites, cartels, quasi-monopolies and financialization skimming operations of the sort which now dominate the U.S. economy's primary profit centers. If we step back, the larger ... MORE
John Stossel: Let's Give The Fed Some Competition
Pssst. Want to buy some Stossels? They're my own currency with my face on them. Why should you trust them? Because I promise to redeem them for gold. And I'm reliable. I have money in the bank and a job that brings in more than I spend. By contrast, the politicians who back American currency run an unsustainable deficit. The Federal Reserve prints so much ... MORE
AP: Post Office Is Another Government Debt Machine
Loses mount to $5.1 billion. The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive down mail volume. The financial losses for the year ended Sept. 30 came despite deep cuts of more than 130,000 jobs ... MORE
John Stossel: Exciting Schools
Our kids deserve a free market in education. School spending has doubled over the past 30 years. Yet what do we get? More buildings and more assistant principals—but student learning? No improvement. If you graph the numbers, the spending line slopes steeply, while the lines for reading, math, and science scores are as flat as a dead man's EKG. Why no ... MORE
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