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The Truth About Monopolies and Anti-Trust Laws

NOVEMBER 14, 2012 by MARK W. HENDRICKSON

Filed Under : Monopoly, Competition

On June 24, 2011 Mark Hendrickson lectured at the Freedom University: Current Events Summer Seminar. In this video Professor Hendrickson discusses monopolies and anti-trust laws.

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Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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