Season 2 · Episode 1335
Can We Stop Big Tech From Breaking the Free Market?
Is bigness bad? We dive into the history of antitrust law, from Gilded Age oil tycoons to the digital gatekeepers of the 21st century.
My Weird Prompts · Daniel Rosehill
March 17, 202629m 2s
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Show Notes
In this episode, we explore the fundamental paradox of the free market: how successful companies often work to dismantle the very competition that allowed them to thrive. We trace the evolution of antitrust regulation from the 1890 Sherman Act to the modern "Consumer Welfare Standard" and examine the clash between Austrian economic theories and the New Brandeisian movement. Discover how network effects and "free" digital services are forcing a total rethink of what it means to be a monopoly in the modern age.