…short, this is a story of what happens when you deregulate an essential infrastructure, allow its managers to extract monopoly prices from captive customers, and then let assorted wolves of…

…of production, even though in the “higher stage of socialism” generally labeled “pure communism,” the state is supposed to “wither away.” Capitalism is private ownership of the means of production,…

…our focus lie? Should we spend our time making largely false accusations at people we have allowed others to label as different from us, or at the real source of…

…general merchandise stores, haven’t. That could, he cautions, be a reflection of consumer choice—customers might have changed their preferences to items that are more profitable, such as private-label brands. Regardless,…

…when monopoly power and corporate capture are what keep drug prices high. Shifting where people buy medicines doesn’t durably lower what they pay, especially when few rules are in place to…