In Defense of Monopoly

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Release : 2019-02-28
Genre : Business & Economics
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Book Rating : 288/5 ( reviews)

In Defense of Monopoly - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook In Defense of Monopoly write by Richard B. McKenzie. This book was released on 2019-02-28. In Defense of Monopoly available in PDF, EPUB and Kindle. In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.

In Defense of Monopoly

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Release : 1945
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In Defense of Monopoly - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook In Defense of Monopoly write by Kenneth Ewart Boulding. This book was released on 1945. In Defense of Monopoly available in PDF, EPUB and Kindle.

A defence of the principle of monopoly; of corn-factors, or middle-men: and, arguements to prove that war does not produce a scarcity of the necessaries of life

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Release : 1805
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A defence of the principle of monopoly; of corn-factors, or middle-men: and, arguements to prove that war does not produce a scarcity of the necessaries of life - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A defence of the principle of monopoly; of corn-factors, or middle-men: and, arguements to prove that war does not produce a scarcity of the necessaries of life write by W. H. WINTER (Author of “A defence of the principle of monopoly”.). This book was released on 1805. A defence of the principle of monopoly; of corn-factors, or middle-men: and, arguements to prove that war does not produce a scarcity of the necessaries of life available in PDF, EPUB and Kindle.

Antitrust and Monopoly

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Release : 1996
Genre : Business & Economics
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Antitrust and Monopoly - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Antitrust and Monopoly write by Dominick T. Armentano. This book was released on 1996. Antitrust and Monopoly available in PDF, EPUB and Kindle. The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming consumers and serving the special interests of a few politically-connected competitors? Is antitrust law a necessary defense against the predatory business practices of wealthy, entrenched corporations that dominate a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? This breakthrough study examines the classic cases in antitrust law and demonstrates a surprising gap between the stated aims of antitrust law and what it actually accomplishes in the real world. Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favoured competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions.

The Theory of Monopoly Capitalism

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Release : 2014-04
Genre : Business & Economics
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Book Rating : 411/5 ( reviews)

The Theory of Monopoly Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Monopoly Capitalism write by John Bellamy Foster. This book was released on 2014-04. The Theory of Monopoly Capitalism available in PDF, EPUB and Kindle. Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.