The emerging split in modern trustbusting: Alexander Hamilton's Fully Automated Luxury Communism vs Thomas Jefferson's Redecentralization

From the late 1970s on, the Chicago School economists worked with the likes of Ronald Reagan, Margaret Thatcher, Augusto Pinochet and Brian Mulroney to dismantle antitrust enforcement, declaring that the only time government should intervene is when monopolists conspired to raise prices -- everything else was fair game. (more…)