Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 966
Book Description
House documents
The United States Army and Navy Journal and Gazette of the Regular and Volunteer Forces
Author: Iowa Official Register
Author: Council Proceedings
Author: Port Washington (Wis.). Common CouncilPublisher:
ISBN:
Category : Port Washington (Wis.)
Languages : en
Pages : 152
Book Description
Catalogue of the Public Documents of the ... Congress and of All Departments of the Government of the United States for the Period from ... to ...
Author: United States. Superintendent of DocumentsPublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 2868
Book Description
In Defense of Monopoly
Author: Richard B. McKenziePublisher: University of Michigan Press
ISBN: 0472901141
Category : Business & Economics
Languages : en
Pages : 554
Book Description
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.
Pioneer Citizens' History of Atlanta, 1833-1902
Author: Pioneer citizens' society. AtlantaPublisher:
ISBN:
Category : Atlanta (Ga.)
Languages : en
Pages : 412
Book Description
A History of Banking in All the Leading Nations
Author: Senate Joint Resolutions
Author: Ohio. General Assembly. SenatePublisher:
ISBN:
Category : Legislation
Languages : en
Pages : 114
Book Description
Naval Documents of the American Revolution
Author: United States. Naval History DivisionPublisher:
ISBN:
Category : United States
Languages : en
Pages :
Book Description