In Defense of Monopoly
Title | In Defense of Monopoly PDF eBook |
Author | Richard B. McKenzie |
Publisher | University of Michigan Press |
Pages | 629 |
Release | 2019-02-28 |
Genre | Business & Economics |
ISBN | 0472126288 |
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
Title | In Defense of Monopoly PDF eBook |
Author | Kenneth Ewart Boulding |
Publisher | |
Pages | |
Release | 1945 |
Genre | |
ISBN |
Antitrust and Monopoly
Title | Antitrust and Monopoly PDF eBook |
Author | Dominick T. Armentano |
Publisher | Independent Studies in Politic |
Pages | 324 |
Release | 1996 |
Genre | Business & Economics |
ISBN |
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.
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
Title | 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 PDF eBook |
Author | W. H. WINTER (Author of “A defence of the principle of monopoly”.) |
Publisher | |
Pages | 36 |
Release | 1805 |
Genre | |
ISBN |
The Theory of Monopoly Capitalism
Title | The Theory of Monopoly Capitalism PDF eBook |
Author | John Bellamy Foster |
Publisher | NYU Press |
Pages | 320 |
Release | 2014-04 |
Genre | Business & Economics |
ISBN | 1583674411 |
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.
Study of Monopoly Power
Title | Study of Monopoly Power PDF eBook |
Author | United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power |
Publisher | |
Pages | 280 |
Release | 1951 |
Genre | Antitrust law |
ISBN |
Committee Serial No. 1. Focuses on legislation on antitrust law statute of limitations and U.S. recovery of damages in antitrust suits; Considers legislation to revise price discrimination good faith defense provisions. Focuses on distribution costs and nature of good faith price competition; Considers legislation to exempt baseball and other sports from antitrust law provisions.
Uncle Sam, the Monopoly Man
Title | Uncle Sam, the Monopoly Man PDF eBook |
Author | William C. Wooldridge |
Publisher | |
Pages | 168 |
Release | 1970 |
Genre | Business & Economics |
ISBN |