More News
- Page Two
- News Links
Anarchives
Radio/TV
- Declare Your Independence with Ernest Hancock
Letters To Editor
- List of Letters
- Write a Letter
Join Us
Marketplace
- Buy Stuff - Sell Stuff
- Store on CafePress.com
Special Editions
RSS Feeds
About Us
Log-In

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Economy - Economics USA

The tyranny of the Monopoly in American economic life

03-05-2010 • arclein

t is simple. We pass laws insisting the consumer must buy turnips from a licensed vender. We then sell a few licenses to a handful of venders at a high price. He then got to the producer and demands a cut for peddling his turnips. He also jacks up the turnip price to make a good profit. Over time, he develops expensive tastes and convinces himself that those turnips are valuable and up goes the prices and down goes the cost.

Read Full Story

Reported By robert klein

Make a Comment • Email Link • Send Letter to Editor