Politicians and pundits are claiming that technology companies such as Amazon, Google, and Microsoft are damaging monopolies. A decent understanding of the dynamism in U.S. economic history reveals why aggressive antitrust policy makes no sense.
As millions of Americans travel to meet their families for Thanksgiving, airports will be crowded, flights will be delayed, and travelers will get stuck in long security lines. To meet growing passenger demands and improve the public’s flying experience, policymakers should adopt the best practices of 21st century aviation, including privatizing security screening, airports, and air traffic control.
Congress has a profound responsibility to address Native American issues—not to hand‐out more money but to enact deeper reforms to strengthen individual property rights, efficient legal structures, investment, and entrepreneurship.