“Consumers do not care that there is only one primary zipper manufacturer, they only care that their zippers work. Thus, if market needs are being met, competition isn’t a concern.” ~ Kimberlee Josephson
READ MORE“The bill that the US House passed by a voice vote would require the SEC to develop a test to determine whether someone is knowledgeable enough to forgo the investor protections built into public offerings to the general public.” ~ Gerald P. Dwyer
READ MORE“Monopolies often fear competition more than they fear government: You can lobby government for ongoing favoritism but in a free economy, you must compete.” ~ David Hebert, John Pinheiro, and Daniel Wagner
READ MORE“Replacing rather than embracing shareholder primacy is truly a troubling matter given that shareholder primacy is a means for holding business leaders objectively accountable for the management of strategic investments and business operations.” ~ Kimberlee Josephson
READ MORE“In a socialist regime, I must seek the permission of others — whether state officials or one’s fellow workers — before I serve them in a novel way.” ~ Adam Martin
READ MORE“Regulatory agencies have allowed the clear legislative intent to limit patent terms to be gamed and exploited, turning a process meant to stimulate competition and market ingenuity into one that’s crushing both.” ~ Brian Garst
READ MORE“We understand that if markets are to serve consumers as well as possible, entrepreneurs and investors must enjoy wide freedom to experiment with different organizational and contractual arrangements.” ~ Donald J. Boudreaux
READ MORE“The desire to dare remains strong in society. And that desire to dare is fostered by a knowledge that others will be there to help when things go wrong.” ~ Anthony Gill
READ MORE“The market process allows low-skill people to specialize in what they do best while freeing up high-skill people who can concentrate their efforts on things they do best. Everybody wins, and in some small way, you have a part in every achievement by every bleary-eyed customer for whom you dutifully pour coffee on their morning commute.” ~ Art Carden
READ MORE“Firms can do anything they want. Just as long as they don’t charge a price that’s more than consumers think they should have to pay, the same as competitors, or less than other firms can match.” ~ Michael Munger
READ MORE“He really did help to establish a presumption of liberty—that is, ‘allowing every man to pursue his own interest his own way’ as a presumption.” ~ Daniel B. Klein
READ MORE“Remember, transaction costs are triangulation, transfer, and trust.” ~ Michael Munger
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