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Found 2 from your keywords: author="McKENZIE, Richard"
cover
In Defense of Monopoly : How Market Power Fosters Creative Production
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McKENZIE, RichardLEE, Dwight R.

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 m…

Edition
-
ISBN/ISSN
9780472116157
Collation
-
Series Title
-
Call Number
650
cover
In Defense of Monopoly : How Market Power Fosters Creative Production
Comment Share
McKENZIE, RichardLEE, Dwight R.

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 m…

Edition
-
ISBN/ISSN
9780472116157
Collation
-
Series Title
-
Call Number
650