[PDF] In Defense Of Monopoly eBook

Author : Richard B. McKenzie
Publisher : University of Michigan Press
Page : 629 pages
File Size : 35,8 MB
Release : 2019-02-28
Category : Business & Economics
ISBN : 0472126288

GET BOOK

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.

Author : Dominick T. Armentano
Publisher : Independent Studies in Politic
Page : 324 pages
File Size : 19,55 MB
Release : 1996
Category : Business & Economics
ISBN :

GET BOOK

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.

Author : George H. Quester
Publisher : Transaction Publishers
Page : 260 pages
File Size : 27,67 MB
Release :
Category : History
ISBN : 9781412829847

GET BOOK

Throughout the Cold War, theorists argue, nuclear arms stopped war, as both sides could retaliate with ""mutual assured destruction"". This fact begs the question: why did the USA not strike preemptively before the USSR developed atomic arms? This text sets the case for such a preventive nuclear war.

Author : John Bellamy Foster
Publisher : NYU Press
Page : 320 pages
File Size : 45,85 MB
Release : 2014-04
Category : Business & Economics
ISBN : 1583674411

GET BOOK

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.

Author : United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power
Publisher :
Page : 280 pages
File Size : 11,56 MB
Release : 1951
Category : Antitrust law
ISBN :

GET BOOK

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.

Author : United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5
Publisher :
Page : 2308 pages
File Size : 50,83 MB
Release : 1951
Category : Antitrust law
ISBN :

GET BOOK

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.