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In Defense of Monopoly: How Market Power Fosters Creative Production
In Defense of Monopoly How Market Power Fosters Creative Production
Author: Richard B. McKenzie, Dwight R. Lee
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 ove...  more »
ISBN-13: 9780472116157
ISBN-10: 0472116150
Publication Date: 2/4/2008
Pages: 320
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Publisher: University of Michigan Press
Book Type: Hardcover
Members Wishing: 0
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