Market & Economic Analysis

"Study the past if you would devine the future." - Confucius

Weekly Market Pulse: On The Road Again

“Our freedom of choice in a competitive society rests on the fact that, if one person refuses to satisfy our wishes, we can turn to another. But if we face a monopolist we are at his absolute mercy. And an authority directing the whole economic system of the country would be the most powerful monopolist conceivable…it would have complete power [...]

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