natural monopolies

The following is an excerpt from The Innovator Versus the Collective. If we want continued innovation and progress, we must remove the barriers and prohibitions on competition. We must repeal the regulations and controls that restrict innovators and producers. This means allowing innovators and businesses to use their property as they judge best. This is…

The following is an excerpt from The Innovator Versus the Collective. For seventy years, Americans were told that the AT&T monopoly was good for consumers, and as a result, competition in the telephone industry was prohibited. Yet, within a few years of legalized competition, consumers had far more choices and lower priced telephone service and…