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Wednesday, July 13, 2016
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.
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
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