Critics of free markets often assert that those of us who favor unhampered markets base our support on a pretty unrealistic model of how a competitive market works. In short, they say our faith in the ...

In micro-economic textbooks, the main factor assumed to affect the quality of a market is the number of sellers. A single seller, termed a monopolist, is the worst because that seller has maximum ...

Hit by a perfect storm of politics, model-year changeovers and competition, Tesla sales have declined dramatically to open 2025. The electric vehicle maker’s sales dropped by 9% in the first quarter ...

The world's best-selling electric vehicle has some competition. This month in China, Xiaomi unveiled its new YU7 electric SUV, positioned squarely against the Model Y with a lower price tag, ...