The Smith Anglin Blog

Author: Rex Moxley

Stocks were plummeting. Banks collapsed. By mid-October, the New York Stock Exchange had lost half its value from the previous year. The few remaining healthy companies bought out those that failed, and even the most fervent antitrust crusaders fell by the wayside. The economy was already in recession, with industrial production reduced by almost one-third. […]

Notoriously the word inflation is known for creating chaotic discourse and crazy predictions of massive economic catastrophes. Inflation is crazy! Some of it is true—prices for a lot of goods are in fact spiking, and this can certainly have negative effects on the overall economy. Also true is the fact the government “created” $11.8 trillion […]

Imagine being a teacher who receives an email that appears to be from the school principal requesting the signature of a time-sensitive document. Acknowledging the urgency of the email, you immediately open the attachment and inadvertently download malicious software to your school computer. With one click you have initiated a chain of events that leads […]

Hard to believe, but it’s been almost 40 years since a major antitrust action succeeded in U.S. courts. American Telephone & Telegraph had been considered a “natural” monopoly. A straight line could be drawn from inventor Alexander Graham Bell’s American Bell Telephone Co. of the 1880s to the behemoth AT&T had become by the mid-20th […]

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