The Cartelization of the U.S. Economy Is Here.

Instapundit has this great quote on the cartelization of the U.S. economy:

“We’re headed for an economic system in which many industries have a handful of large, cartelized businesses— think 6 big banks, 5 big health insurance companies, 4 big energy companies, and so on. Sure, they are protected from competition. But the price of protection is that the businesses support the regulator and administration politically, and does their bidding.”

Professor Murray Rothbard predicted this years ago. After all, when you aren't for free markets : you are for government regulation.