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I still don't quite see the point in switching to a 'gold standard' at all. Why not completely abolish the enforcement of a monopoly on any single currency, be that pure gold, gold-backed, silver, fiat etc? Why not just have open competing currencies and let the free-market decide which is...
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[quote]It's entirely likely that there have been solutions to the noncontractural squabbles that would arise from theft and agression - but until I see a convincing one, I'm gonna have to remain skeptical.[/quote] Go ahead: as long as you continue enquiring reasonably, as you're doing here...
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I have issues with the book "Antitrust: The Case for Repeal" because Microsoft is a monopoly. It has a 100% monopoly on the Microsoft operating system. Now, just because it has to compete with other operating systems does not mean it has any less of a monopoly on the Microsoft operating system...
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Restrictive covenants are almost universal among anchor tenants in shopping center leases. Any organization that tries to “force” supermarkets not to use them is certainly fighting free market forces. Restrictive covenants are far preferable to zoning and other types of government coercion. Before a...
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Thanks for the answer, I think I have to be more detailed in my question/argument. The whole argument has to be seen in the context of legally enforced break-up of production chains (undbundling) in the name of 'liberalization' (NOT deregulation). [excerpt from my current argument] Let us assume...
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I need some serious assistance right now: I'm working on a paper that evaluates the impact of Open Access regulations (Third Party Access) to natural gas pipelines, and I wonder if I can make the following argument; - Forcing open access reduces the profit of pipeline operators (not controversial...
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[quote user="Torsten"] People often think in the equation big_business = free_market / free enterprise. Instead they have actually often a vested interest in high taxes and many regulations. Since this makes economic calculation and entry more difficult for new smaller competitors. There may...