I, for one, have Serious Concerns about the monopoly JK Rowling has over the ideas in her own headhttps://twitter.com/RBReich/status/1220481483002937344 …
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To be fair, this is an accurate description of the world before the Industrial Revolution. So he's only about 200 years behind the times.
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Monopoly by excellence, not by government imposition.
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To be fair, that accurately describes the Robber Barron's, too, so he's only 100 years out of date
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Careful with your populist history - "The problem with the Standard Oil myth that is the foundation of this legislation and the mountains of litigation it has generated is that it is not only untrue but actually the opposite of what happened."https://mises.org/library/100-years-myths-about-standard-oil …
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They should read the chapter on wealth creation in H&P!
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To be fair, JK Rowling isn't from America.
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To be fair, he did not say those are the ONLY 5 ways. Those 5 still stands, not only in america but in the whole world!
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Also accurate for lot of developing countries. I don't think a lot of people in America understand just the cost of going about life in a lot of parts of the world with a ton of bureaucracy -- most people can recount *personal experiences* with fraud, corruption, bribery
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Yeah ok Marx
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