The Case Against U.S.-Arms Sales (and Iraq)

By: Wednesday July 2, 2014 11:07 am

Professor of Economics at the Mercatus Center at George Mason University Chris Coyne and Abigail R. Hall, a second year Mercatus PhD Fellow, have come up with original research that shows the dangers of America’s unfettered global arms sales

 

Comcast To Takeover Time Warner in Quest for Monopoly as Regulators Remain Silent

By: Friday February 14, 2014 6:52 am

It was only a matter of time before one of the giant telecommunications companies went for a monopoly, we are living under corporate capitalism after all. But Comcast’s behavior has been so blatant one has to wonder how no one in the government charged with preventing monopolies has not even raised tacit objections. For now Comcast is seeking to take over Time Warner in a move that could ruin TV and the internet.

Will Jeff Bezos Take On the Google Online Advertising Monopoly?

By: Tuesday August 6, 2013 2:50 pm

If Jeff Bezos ever tires of regularly shelling out tens of millions of dollars to subsidize the Washington Post’s losses, he’s going to have to take on the Google online advertising monopoly.

Has Google Destroyed the 4th Estate?

By: Thursday October 4, 2012 2:24 pm

Google’s incredible profits didn’t materialize out of nothing. They are derived because as the news audience has migrated online, Google has skimmed the lion’s share of news advertizing revenues for itself. That money used to go to pay for investigative reporting. Google’s glittering balance sheet basically comes from driving the 4th estate out of business.

The Koch Brothers Must Have LOVED Monopoly as Kids

By: Wednesday August 22, 2012 7:00 pm

The Koch brothers don’t just have a gazillion luxury homes and boats. They’ve been using their wealth to shut out the voices of the 99% — pledging to spend at least $100 million on the 2012 elections. The pro-corporate policies they favor are, of course, antithetical to the public interest. But the TV ads they’re airing so far in this election make it seem like they’re on the side of regular Americans. “Maybe your family is like most, struggling to make it by…The private sector is not doing fine,” says Americans for Prosperity, an organization the Kochs founded and fund.

FDL Book Salon Welcomes Robert H. Frank, The Darwin Economy: Liberty, Competition, and the Common Good

By: Sunday December 18, 2011 1:59 pm

Whenever the rewards for an action – profits, reproductive success, whatever – depend upon the relative performance of individuals within a group the problem of a divergence between the interests of individuals and the interest of the larger society is likely to be present. The book gives example after example of this “arms race” for positional goods, and details the waste of resources that this causes.

Oligarchy and Social Organization

By: Sunday November 20, 2011 10:40 am

When people believe things that are obviously untrue, and obviously not in their best financial interests, it means that Oligarchy has asserted control of the market in ideas.

FDL Movie Night: GasHole

By: Monday April 25, 2011 5:00 pm

In GasHole, using interviews and witty archival footage, directors Scott D. Roberts and Jeremy Wagene, take us on a rollicking and insightful ride through the history of oil prices and the manipulations involved to keep prices high and profits flowing.

FDA Reverses Decision to Give Drug Company Right to Ripoff Pregnant Women

By: Thursday March 31, 2011 3:37 pm

This is a rare piece of good news reflecting the positive impact investigative journalism and public outcry can have. The Food and Drug Administration has partly reversed its horrible decision to grant a drug company an exclusive monopoly over an already commonly used medication, which allowed that company to jack up prices 15,000%.

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