The Monopolized Economy

The Monopoly Factory

In 1993, Purdue Pharmaceuticals of Stamford, Conn. applied for the first in a series of patents on a drug it called Oxycontin— a painkiller to which Rush Limbaugh would later become addicted. The U.S. Patent and Trademark Office (PTO) granted those patents based on the manufacturer’s contention that the drug contained a novel innovation: It had been engineered so… Read more »

Disconnect

How Bush and Michael Powell are killing the New Economy. And how to turn it around.