Contrary to conventional wisdom, monopolies inflict substantial economic harm, particularly on the poor.FRB Minneapolis
The Costs of Monopoly: A New View
James A. Schmitz, Jr. | Senior Research Economist
ht Mark Thoma at Economist's View
James A. Schmitz, Jr. — The Costs of Monopoly: A New View
Neoclassical economists dismiss monopoly as of insignificant consequence in modern economies. Not so, says this study.
The Costs of Monopoly: A New View
James A. Schmitz, Jr. | Senior Research Economist
ht Mark Thoma at Economist's View
The Costs of Monopoly: A New View
James A. Schmitz, Jr. | Senior Research Economist
ht Mark Thoma at Economist's View
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