Building on a John Derbyshire article, S.T. Karnick tries to figure out why the 'elites' of today are able to wield so much power. He and Derbyshire don't seem to agree on how much hope there is of changing things for the better.
There are some interesting theories there. I lean toward Karnick's views on this, by the way.
A Protectionist is Someone Who… - (Don Boudreaux) Tweet… is unhappy that private firms nearly always fail in their attempts to gain and maintain genuine monopoly power in markets. The robu...
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