David Henderson is correct: “Free markets are monopoly busters.” A slice:
Sometimes when I argue that competition, if allowed, will undercut monopoly power, I am accused of having faith in the market. But my retort is that of Thomas Sowell, who, as on many issues, said it so well: “I don’t have faith in the market; I have evidence about the market.”
Arnold Kling reflects insightfully on losers like Tyler Robinson.
The solution that Trump is contemplating seems to go beyond urging self-restraint. The Trump administration is developing a “comprehensive plan on violence in America,” including “ways that you can address” what “can only be called hate groups,” which “may breed this kind of behavior,” White House Chief of Staff Susie Wiles said on Thursday. “It will not be easy. There’s layer upon layer upon layer, and some of this hate-filled rhetoric is multigenerational, but you’ve got to start somewhere.”
Like Trump, Wiles noted “the importance of free speech.” But it is impossible to reconcile that principle with any government plan that entails targeting “hate groups” because they are “vicious” and “horrible” or because they engage in “hate-filled rhetoric.”
What sort of rhetoric does Trump have in mind? “It’s long past time for all Americans and the media to confront the fact that violence and murder are the tragic consequence of demonizing those with whom you disagree,” he said in the video. “Day after day, year after year, in the most hateful and despicable way possible for years, those on the radical left have compared wonderful Americans like Charlie to Nazis and the world’s worst mass murderers and criminals.”
Such rhetoric is indeed “hateful” and “despicable,” but it is also constitutionally protected. It is hard to imagine how the government, consistent with the First Amendment, could try to suppress the speech that Wiles says “may breed” political violence.
