Is Monopoly Good or Bad?

Monopoly is nearly always seen as something undesirable. Courts have wrestled with monopoly for ages, sometimes defining it as “the power to control prices and exclude competition,” “restraining trade,” or “unfair and anticompetitive behavior.” Should monopolistic practices be condemned and outlawed? Let’s look at anticompetitive behavior and practices, but let’s not confine ourselves to what’s [...]

Book Reviews – June 2006

The White Man’s Burden: Why the West’s Efforts to Aid the Rest Have Done So Much Ill and So Little Good by William Easterly — reviewed by Richard M. Ebeling

The Capitalist Manifesto by Andrew Bernstein — reviewed by Gary M. Galles

Water for Sale: How Business and the Market Can Resolve the Worlds Water Crisis by Fredrik Segerfeldt — reviewed by George C. Leef

Common Sense Economics: What Everyone Should Know About Wealth and Prosperity by James Gwartney, Richard L. Stroup, and Dwight R. Lee — reviewed by Tom Lehman

Swimming Against the Tide by Clarence B. Carson

American Textbook Committee • 1998 • 562 pages • $29.95 Norman Ream, a long-time Freeman contributor, is a retired minister living in Estes Park, Colorado. No one who has regularly, or even periodically, read The Freeman for the past 40 years will be unacquainted with Clarence B. Carson. In this book, subtitled “Memoirs and Selected [...]

Faith of Our Fathers edited by Mary Sennholz

The Foundation for Economic Education • 1997 • 398 pages • $19.95 paperback Norman S. Ream is a retired minister living in Estes Park, Colorado. Although it cannot be established that Alexis de Tocqueville actually wrote his much quoted words to the effect that “America is great because America is good,” that conclusion seems more [...]

Perspectives on Capitalism and Freedom

Dr. Younkins is professor of accountancy and business administration at Wheeling Jesuit University, Wheeling, West Virginia. Capitalism and freedom are inseparable. In our society we believe that human beings, merely by virtue of being human, possess the capacity to exercise freedom and the right to do so. Each person should be free to own property, [...]

Book Review: The Kingdom Without God: Roads End for the Social Gospel by Gerald Heard and Edmund A. Opitz and The Powers That Be: Case Studies of the Church in Politics by Edmund A. Opitz

Introduction by James C. Ingebretsen. Los Angeles: Foundation for Social Research. 196 pp. $2.50. Introduction by Admiral Ben Moreell. Los Angeles: Foundation for Social Research. 104 pp. $1.50. (Both books as a set, $3.00) First, there is Religion. Then there is the Church. and inevitably there are Prophets. That seems to be the regular order [...]