All Posts Tagged With: "antitrust laws"
Hayek on Closed Shops and Yellow Dogs
Charles Baird is a professor of economics and the director of the Smith Center for Private Enterprise Studies at California State University at East Bay . In my December 2006 column I discussed some of Hayek’s classical-liberal views on the rule of law and labor unions. In brief, Hayek approved of voluntary unionism based on [...]
1Apr2007 | Charles W. Baird | 0 comments | ContinuedWal-Mart Wasn’t Always the Biggest
John Semmens (jsemmens@cox.net) is a transportation policy analyst at the Laissez Faire Institute in Arizona. Editor’s note: As we went to press, and as if to illustrate the point of the following article, Fortune released its 2006 list of largest corporations, showing Exxon Mobil, not Wal-Mart, on top. For all the gnashing of teeth over [...]
1Aug2006 | John Semmens | 2 comments | ContinuedAaron Director on the Market for Goods and Ideas
Aaron Director, one of the outstanding American economists of the twentieth century, died September 11, 2004, at the age of 102. Few people outside the circle of professional economists have heard of him. This is partly because he published very little, either of a scholarly or popular nature. His greatest influence was through his teaching [...]
1Nov2004 | Richard M. Ebeling | 0 comments | ContinuedThe Unsustainable Politics of Natural Capitalism
Pierre Desrochers is research director at the Montreal Economic Institute (www.iedm.org). In their bestseller Natural Capitalism, a book so heartily praised by environmentalists and business executives that its American edition sold out before its publication date, authors Paul Hawken, Amory Lovins, and L. Hunter Lovins indict traditional capitalism as a “financially profitable” but “nonsustainable aberration [...]
1Jun2003 | Pierre Desrochers | 0 comments | ContinuedStopping Government Sprawl
Timothy Terrell is an assistant professor of economics at Wofford College in Spartanburg, S.C. In a scene that is repeated countless times each year in cities all over the world, a local government is preventing a landowner from building a legitimate business on his property. Tom Winkopp, owner of a 50-acre site in Clemson, South [...]
1Feb2001 | Timothy D. Terrell | 1 comment | ContinuedUnions and Antitrust: Governmental Hypocrisy
Section 1 of the Sherman Antitrust Act states that “every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce . . . is hereby declared to be illegal.” Notwithstanding that the antitrust laws have been used to favor particular competitors rather than the competitive process, the Act [...]
1Feb2000 | Charles W. Baird | 0 comments | ContinuedMyths of Rich and Poor: Why We’re Better Off Than We Think by W. Michael Cox and Richard Alm
Basic Books • 1999 • 256 pages + xvi • $25.00 I vividly recall a 1972 visit to the Sears store in our local mall. I was 14 years old and had never before seen an electronic calculator. But there at Sears, for the first time in my life, was this wonder to behold! Three [...]
1Jan2000 | Donald J. Boudreaux | 0 comments | ContinuedIn Memoriam: Yale Brozen
On March 4, at age 80, Yale Brozen, a prominent free-market economist, died. For a large part of his career, Brozen was a professor of business economics at the University of Chicago, where he was a colleague of Nobel prize winners Merton Miller and the late George Stigler and other members of the so-called “Chicago [...]
1Jun1998 | David R. Henderson | 1 comment | ContinuedThe Attack on Concentration
This article is condensed from an address before the Ashland, Kentucky, Economic Club, September 15, 1978. (Editor’s Note: Yale Brozen, former member of FEE’s board of trustees and a retired professor of business economics at the University of Chicago, died March 4. Reprinted below as a memorial is his article published in The Freeman, January [...]
1Jun1998 | Yale Brozen | 0 comments | ContinuedHerbert Dow and Predatory Pricing
One of the sacred cows of statism is the idea that government needs to protect us from predatory price-cutting. Large corporations, according to this argument, have big advantages in the marketplace. They can cut prices, drive out their competitors, then raise prices later and gouge consumers. Antitrust laws are needed, so the argument continues, to [...]
1May1998 | Burton W. Folsom Jr. | 5 comments | Continued-
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