Tweet… is from page 5 of Gabriel Kolko’s 1963 book, The Triumph of Conservatism: Contrary to the consensus of historians, it was not the existence of monopoly that caused the federal government to intervene in the economy [in the late 19th and early 20th centuries], but the lack of it. DBx: Market competition is astonishingly…
Quotation of the Day…
Quotation of the Day…
07 Oct 2023 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation Tags: competition and monopoly, competition law
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