Tag Archives: antitrust

Liberals Attacking Amazon

The success of Walmart has provoked attacks from liberals for some time, despite the benefits that Walmart provides to consumers, and now liberals are turning their attention to Amazon’s success. For example, in a recent article in The New Republic, editor Franklin Foer labels Amazon a “monopolist” that … Continue reading

Posted in Economy, Politics | Tagged , , , , | Leave a comment

Competition Deniers Strike Again

The recent agreement in principle between Partners Healthcare (a hospital system in the Boston area) and Massachusetts Attorney General Martha Coakley is a good example of how liberals view competition and go about enforcing the antitrust laws, which is to say they don’t enforce them at … Continue reading

Posted in Economy, Healthcare, Politics | Tagged , , , , , , , | Leave a comment

More WSJ Hypocrisy

Kimberley Strassel of the Wall Street Journal is upset that the Federal Trade Commission is enforcing the antitrust laws (see here).  This from a writer at a publication that often rails against the lawlessness of the Obama administration and the administration’s lack of respect for … Continue reading

Posted in Economy, Politics | Tagged , , | Leave a comment

Lip Service From The WSJ

The editors of the WSJ are quick to praise markets and competition. But when push comes to shove, when either DOJ or FTC actually challenges the anticompetitive practices of a dominant firm or combination of firms, the WSJ always comes down on … Continue reading

Posted in Economy, Politics | Tagged , | Leave a comment

Catastrophic Care – Part Two

The previous post reviewed some of the problems about healthcare in America as iden-tified by David Goldhill in his recent book “Catastrophic Care.” So how does Goldhill pro-pose to fix healthcare and contain costs? First, he would require everyone to purchase health insurance, but … Continue reading

Posted in Economy, Healthcare, Politics | Tagged , , , , , , | 1 Comment

Catastrophic Care – Part One

In his recent book “Catastrophic Care,” David Goldhill argues that the central problem with America’s healthcare system is the use of insurance to finance healthcare expen-ditures. According to Goldhill, insurance-based healthcare cannot control costs because consumers (i.e., patients) don’t directly pay for … Continue reading

Posted in Economy, Healthcare, Politics | Tagged , , , , , | Leave a comment

The Morality Of Capitalism

In an op-ed piece for the Washington Post, Steven Pearlstein suggests that the nation is caught up in a historic debate over free-market capitalism and poses the question:  is capitalism moral? Pearlstein points out that over the last thirty years, the experiment with communism has been “thoroughly … Continue reading

Posted in Economy, Politics | Tagged , , , , , , , , | 1 Comment