“A bill intended to improve the finances and operations of the U.S. Postal Service won Senate approval yesterday despite last-minute opposition by the management of the agency. . . . The bill seeks to improve postal finances but would also give more power to the independent Postal Rate Commission, changing it to a regulatory agency with authority to rule on postal rates and other activities.” (Washington Post, Friday)
Monopolies are bad unless the government says otherwise.
FEE Timely Classic
“Time for the Mail Monopoly to Go” by Scott Esposito