Archive for Bradford B. Smith

Our Unique Economic System

Mr. Smith, Economist, United States Steel Corporation, presented these views as an ad­dress before the Michigan State Conservative Club, East Lansing, Michigan. I guess at the very beginning I owe you a word or two of orienta­tion because on this occasion I have planned to give myself the luxury of indulging in personal views—or theorizing, [...]

1May1963 | Bradford B. Smith | 0 comments | Continued

Liberty and Taxes

Liberty & Taxes A fundamental tenet of the collectivistic philosophy is best expressed in the words of Karl Marx, "From each according to his abilities, to each according to his needs." No devotee of individual liberty objects to volun­tary gifts and charity. The evil to which he objects is its imposition by some on others, [...]

1Mar1963 | Bradford B. Smith | 0 comments | Continued

Monopoly And Competition

Mr. Smith is Economist for the United States Steel Corporation. Free competition is as much threatened by coercive attempts to perfect it as by direct abuse of monopoly powers According to the writers of economic textbooks, competition is not just competition; there is “perfect competition,” “imperfect competition,” “non-price competition,” “unfair competition,” “potential competition,” “workable competition,” [...]

1Nov1955 | Bradford B. Smith | 0 comments | Continued
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