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Feb 27, 2015
8:22:22am
People throw out the word "monopoly" as if it in and of itself is evil. Not all
monopolies are bad or detrimental to end consumers. Even if you are completely against all monopolies, almost ALL monopolies that have ever existed or continue to exist are due to government regulation, not in spite of it. Sowell and Friedman theorize (and I quite agree, looking at the evidence) that monopolies can ONLY exist in the presence of government regulation that creates them, either intentionally or otherwise.
db59840
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db59840
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2/26/15 9:08am

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