JANUARY 23, 2015 by LAWRENCE W. REED
If Standard Oil was any kind of monopoly, it was not a coercive one, because it did not derive its high market share from special government favors.
A value-creating business is “social” whether it pursues an explicit social agenda or not
JANUARY 21, 2015 by MATTHEW MCCAFFREY
The market is an elaborate network of voluntary exchanges in which buyers and sellers constantly make each other better off. In that sense, all value-generating businesses are "social" enterprises.