On these quite intensive days for Government and the Parliament we deem it relevant and appropriate to reflect upon the issue of competition. This word has been frequently abused and idolized as the goal of any market process instead of being considered an instrument, a process regulated for the benefit...

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.

The U.S. is more active on trade policy than it has been in years.  President Obama is meeting with Canada and Mexico about new agreements, Congress will hold hearings on changing decades-old trade law, and the federal government will more broadly be bringing several cases before the WTO.

Yet, in constructing...

It’s the beauty part of free-market capitalism: To successfully pursue happiness, you must help others do likewise.

If one wishes to capture the fundamental aspect of the cultural friendship between the two economists Luigi Einaudi (1874-1961) and Wilhelm Röpke (1899-1966), it’s important to refer to what Einaudi wrote about the German economic miracle and the Röpkianan doctrine of the social market economy.Einaudi wrote that the...

On February 17 the Italian newspaper: "L’Unità" (the official Democratic Party and already former communist newspaper) published an interesting article by the Hon. Stefano Fassina (responsible for the economical department of the Italian Democratic Party), eloquently entitled: "Catholic thinking can help to defeat liberalism." The author calls for a fruitful...

By next year, about two-thirds of American physicians will be working as salaried employees of large groups and hospitals. This movement has been underway for years. Over the last decade, the number of independent physicians was falling by about 2% a year. But these trends are now accelerating. 

House Republicans have broken the hugely successful spectrum auction authorization first effected in 1993 and also delayed for many years any possibility that digital broadcast spectrum that is almost entirely unused can be repurposed to serve the growing demands for wireless broadband.