The Myth of Natural Monopoly | Mises Institute

The very term “public utility” … is an absurd one. Every good is useful “to the public,” and almost every good … may be considered “necessary.” Any designation of a few industries as “public utilities” is completely arbitrary and unjustified. — Murray Continue reading The Myth of Natural Monopoly | Mises Institute

Rise in Gold Not About North Korea; It’s About the Fed

Gold hit two-month highs this week as investors seek safe-haven amidst increasing geopolitical tensions. Pres. Trump promised “fire and fury” if North Korea continues its threatening posture. Meanwhile, relations with Russia continue to deteriorate. During an interview on RT, Peter Schiff said Continue reading Rise in Gold Not About North Korea; It’s About the Fed