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Guest opinion: Compared to Flint Michigan, we're in good hands with water quality in SWFL

Guest opinion: Compared to Flint Michigan, we're in good hands with water quality in SWFL
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Guest opinion: Addressing monopolies: A bipartisan issue

Guest opinion: Addressing monopolies: A bipartisan issue
© Special to The News-Press
Michael MacDowell
“People of the same trade seldom meet together that the conversation ends in a conspiracy against the public or some contrivance to raise prices.” This sentence from the eighteenth century moral philosopher and father of capitalism Adam Smith in his 1776 book, The Wealth of Nations, suggests his apprehension about monopolies. Smith was deeply concerned about the laws passed by the British Parliament that imposed high import duties on goods shipped from the colonies to England while granting trade monopolies to special interests and favored companies. He was equally troubled by non-governmental monopolies created through conspiracies among businesses to restrict supply and raise prices. ....

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