Viewing profile — ludwigDual

> You don’t get strong property rights without [a] strong state Are there any states that don't forcefully take property and life without people's consent? States are well known fo…

> One thing that they have often done in the past, is to temporarily drop their prices to outcompete newcomers, making it impossible for newcomers to outcompete them, and raising t…

> Why would it be worthwhile to compete with a dairy cartel? Of all the things one can do with capital, why go to war with a cartel over relatively small margins? It may not be in …

> There's plenty of pirated Windows around, but everybody still has to use Windows. The threat of jail time for people sharing pirated copies or circumventing copyright protected m…

I wonder what factors prevented competition with the "dairy cartel" in Ontario as would happen in a free market. Most likely there are restrictions on what products can be sold to …

> A cartel sets prices, and is one of the many ways markets are unfree. That's true, but cartels can't enforce this. New or external firms can compete with the cartel. If a cartel …

> Markets do not instantly become monopolized, but they do tend that way, and will also eagerly form cartels unless stopped by regulation. Monopolization requires control of land o…