Wednesday, July 18, 2007

A modest proposal

It may be too much to ask that Congress repeal the Sherman Act as an outdated relic of misguided statist philosophy. Or that the Supreme Court would hold it an unconstititutional denial of liberty of contract.

But Congress could at least amend it to preempt states from enforcing their "Little Sherman Acts" in ways that are even more restrictive of contract rights than the Big Sherman Act.

And could anyone give me one reason why I live in this state, or why anybody does business in this state at all?

Link is to recent Wisconsin Supreme Court antitrust decision telling business to just go away.