Alan greenspan essay antitrust

Rand nicknamed Greenspan "the undertaker" because of his penchant for dark clothing and reserved demeanor.

Alan greenspan essay antitrust

New Zealand has been mercifully free of crop vandalism since Nandor Tanczos's Wild Greens broke into Lincoln Univerity's GE crop research lab and destroyed about a million or so dollars of scientific researchdespite the boasts of the "sandalled vandals" of 'Green Gloves' in the wake of the Royal Commission Report on GE going against their hopes and wishes.

Alan Greenspan - Wikipedia

Not so in Europe however, and Dr. After careful scientific and official assessment of ecological and agronomic variables, the field trials take place outdoors where their protection from criminal trespass is scarcely possible.

The damage caused by the destruction of the field trials is considerable. Uprooted and destroyed plants do not represent the loss of ordinary crops, but rather the loss of valuable breeding material which contributes to the development of new varieties and new technologies. The immediate physical damages inflicted by the destruction of outdoor field trials amounts to EU, to EU, The value of the research imperiled by destruction of any individual field trial runs into the millions.

Things are little different for seed certification tests. Before a new plant variety -- whether developed through biotechnology or traditional methods -- is released to the market, it is evaluated over several years under agricultural conditions.

Alan greenspan essay antitrust

If an evaluation for the certification of a new variety is lost, damages ranging into the millions result for the seed developer and with it, an entire year of market opportunity.

Still greater is the loss to agriculture in general. For example, the development of new corn [maize] varieties annually increases productivity by 1. If farmers were to go without this amount of progress for one year, that damage alone is considerable.

Civil courage required "We cannot test our innovations in secured, isolated areas. We work in and with nature and that leaves us vulnerable to attacks," Schmitz said of the problem.

A broad support of the state for the optimum protection of field trial integrity alone is not enough, in the opinion the BDP. We are very grateful for the civil courage of vigilant residents near the location of the recent raid in Baden-Wuerttemberg, who reported the destruction to police.

With support of the public, hopefully expressed by the press, television and politicians, it will become clear to the opponents that this form of argumentation will be ineffective. But then the same activists defend vandalism against the research they say needs to be carried out.

Not for the first time, and just like the small children their actions so often resemble, the vandals want it every way, just so long as its their way.Because I write about illness and medical research and the professionals who try to help those with medical problems, I find myself wanting to recommend links that don't really fit into the other categories on this site, or even into the concept of the site.

Josh Jones, Two commenters have already smashed your entire essay. So have hundreds of other people who actually understand Ayn Rand, when hundreds of times people have tried to pin contradiction on Ayn Rand for retrieving $11, of the vastly higher amount taken from her by a coercive system.

Jun 26,  · More than anywhere else, mid-century modern architecture grew up in Los Angeles, in harmony with Californian industrial base and the Southern Californian climate. The Sherman Antitrust Act of (26 Alan Greenspan, in his essay entitled Antitrust condemns the Sherman Act as stifling innovation and harming society.

"No one will ever know what new products, processes, machines, and cost-saving mergers failed to come into existence, killed by the Sherman Act before they were born. No one can ever. is and in to a was not you i of it the be he his but for are this that by on at they with which she or from had we will have an what been one if would who has her.

Greenspan was also right when he concluded in the same essay that "the entire structure of antitrust statutes in this country is a jumble of economic irrationality and ignorance" and is the product of "a gross misrepresentation of history, and of rather naïve, and certainly unrealistic, economic theories.".

Alan Greenspan - Essay