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Do Not Pass Go, Do Not Collect $200

  • Jan 12, 2014 · 5:00 PM
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Whether by accident or by design, the end result of government regulation on market activity is cartels and monopoly. In fact, large corporations are the biggest lobbyists for government regulation in their market sectors, as they know that smaller businesses with less capital are less able to comply with the myriad of rules and regulations. The result is less competition, higher prices, and lower quality goods.

Ironically, even anti-trust and anti-monopoly regulations serve to lock-in existing products and prices, therefore stifling any innovation in that market sector.

Yes, government is here to help protect you from evil corporations. Just look around to see how well they have succeeded!

Viewings:

Monopoly Guy - https://www.youtube.com/watch?v=Cj1wcs7SZj0

 

Listenings:

Monopoly And Competition - DiLorenzo - http://www.mises.org/media/5219/Monopoly-and-Competition

 

Readings:

What's Wrong With Monopoly (The Game)? - http://mises.org/daily/1451

Antitrust: The Case For Repeal - Chapter 3 - Armentano - http://www.mises.org/document/6061/Antitrust-The-Case-for-Repeal

Competition and the Economists - Rothbard - http://mises.org/daily/5732/Competition-and-the-Economists

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  • A former member
    A former member

    I apologize for changing my RSVP at the last minute. Something came up unexpectedly. I hope to make it to another one of the meetups in the future.

    1 · January 12, 2014

    • Klaus

      Ok see you at the next one!

      January 12, 2014

  • Andy J.

    Wait, my childhood was full of misinformation! I always thought it was odd that I HAD to stay at the hotel on boardwalk and park place...

    1 · January 10, 2014

    • Klaus

      The lesson of Monopoly is the banker is the real winner.

      January 11, 2014

    • Andy J.

      So perhaps my childhood was not so misinformed after all...

      1 · January 11, 2014

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