Posts Tagged ‘Monopolies’

Freedom of the Press

    In the Guardian Saturday, the alert reader might have spotted this, buried in a deceptively bland story about Rupert Murdoch’s News Corp buying the LA Times and Chicago Tribune out of bankruptcy for a song: The paper said a deal might require a waiver of federal laws that block ownership of newspapers and [...]

Shopping Around… In Circles

Perhaps the most pernicious myth about the wonderful “free market” is how a person of conscience, in the obvious absence of viable alternatives, can supposedly “vote” with their dollars, thus magically driving out bad actors without the overweening schoolmarm of government sending anybody to detention. ┬áThe trouble with this notion is that consumer choice is [...]