All Posts Tagged With: "antitrust regulation"
Arrogant Antitrusters
Here’s a quiz. I’ll first give you background facts, then ask you a question. Please answer “yes” or “no.” Facts: I have no experience in, or knowledge about, running a dry-cleaning establishment. I’m an economist who has spent his career teaching economics. My only experience with dry-cleaning firms is that I use them to clean [...]
1Aug1998 | Donald J. Boudreaux | 1 comment | ContinuedBreaking Up Antitrust
In one of the most famous passages in The Wealth of Nations, Adam Smith cautions, People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. . . . Supporters of antitrust laws believe that Smith [...]
1Jan1997 | Edward J. López | 5 comments | ContinuedThe Economic Woes of Pro Sports: Greed or Government?
Mr. Keating is chief economist with the Washington, D.C.-based Small Business Survival Foundation. Beyond labor strife, two issues particularly annoy pro sports fans today—exorbitant player salaries and city-hopping by teams. Player salaries that seem wildly out of kilter have been bothersome for some time. For example, the average Major League Baseball player reportedly earned $1.2 [...]
1Jan1997 | Raymond J. Keating | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
