In a 2012 article published by the Future of Freedom Foundation entitled “The Misplaced Fears of Monopoly,” historian and free-market economist Tom Woods explores the fallacies perpetrated in our modern-day society which portray monopolized industries as a major economic threat. He pointed out the…

Promoters of a strong, powerful centralized government are inherently in favor of state wealth redistribution, which Bastiat famously referred to as “legalized plunder.” The government does this by distributing tax revenue from one group to another. Libertarian critics of this sort of system classify…