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Are America’s Monopolies an Imminent Danger?

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At The American Conservative, Daniel Kishi explains the anti-trust views of Tim Wu, a Columbia Law School professor who believes America today is monopolized, and offers some solutions. Kishi writes (abridged):

A new class of monopolists has arisen and a second gilded age is upon us. So argues Tim Wu, a professor at Columbia Law School, in The Curse of Bigness: Antitrust in the New Gilded Age.

In the brief and breezy volume, Wu aims to remind his readers of the United States’s robust anti-monopoly tradition, and attempts to recover and update the nation’s antitrust laws, which he argues are the classic antidote to bigness.

The Curse of Bigness is not a technical book of economics (there is but a single chart throughout). It is instead a brief diagnosis of our monopolized moment and an eloquent articulation of principles that Wu believes can lead us into an era of shared prosperity, economic and political independence.

Read more here.

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Richard C. Young

Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.