Monopoly and Competition

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7 Lessons Business Owners Can Learn from Austrian Economics

Monopoly and CompetitionValue and Exchange

Blog05/15/2018

As Mises knew, economics "concerns everyone and belongs to all" — and this definitely includes business owners. 

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How the Postal Service Loses So Much Money

Monopoly and Competition

Blog04/14/2018

Donald Trump is wrong. Amazon isn't ruining the postal service. The postal service can do that all by itself. 

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Economists and the Emergence of Antitrust

Monopoly and Competition

Blog02/23/2018
Economists who believe that there was once a "golden age of antitrust" have never produced any evidence of such an age.

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Why Perfect Competition Is not So Perfect

Monopoly and Competition

Blog02/01/2018
A large variety of products — and not a large number of market participants — is what matters for competition.

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Profit and Charity Are Not Mutually Exclusive

Monopoly and CompetitionPolitical TheoryValue and Exchange

Blog01/29/2018
In order to pursue “social justice” goals, firms must first manage to turn a profit. Otherwise, they'll disappear.

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Like Returning Gifts? Thank the Market

EntrepreneurshipMonopoly and Competition

Blog01/04/2018
For Austrians, competition entails not only vigorous price cutting, but intense competition in terms of product quality, return policies, and more.

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Stop Telling Me to "Shop Locally"

Protectionism and Free TradeMonopoly and Competition

Blog12/04/2017
Small mom-and-pop shops are overrated — but they're getting better thanks to competition from firms like Amazon.

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Capitalism and the Misunderstanding of Monopoly

Monopoly and Competition

Blog11/28/2017
Many of the criticisms against capitalism are connected with confusions and misunderstandings about the meaning of ‘monopoly” in the marketplace.

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Corporations Can't Oppress Us without the State's Help

Corporate WelfarePovertyU.S. HistoryMonopoly and Competition

Blog11/27/2017
Fear of a corporate takeover of our lives is based on an incorrect conflation of political and economic power.

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When Gunmen Strike, You're on Your Own

U.S. HistoryMonopoly and CompetitionPolitical Theory

Blog11/06/2017
Police took more than an hour to confront the Las Vegas shooter. And that's just one illustration of how government monopolies work.

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