Wednesday, April 10, 2019

Peter Radford — Notes on: Power Matters

Peter Radford doesn't mention it specifically, but market power enables rent extraction. Otherwise, a good read.

The Radford Free Press
Notes on: Power Matters
Peter Radford

1 comment:

Bob Roddis said...

I always like to check in here to review the latest nonsense. This one is typical. Total garbage. A necessary and inevitable obfuscation and corruption of simple and well understood words and concepts, like the difference between violence, the threat of violence, aggressive violence and defensive violence. In one's everyday life, EVERYONE (including harebrained "progressives") understand those concepts and operate in a world that understands and generally applies them. But when we get to "progressive" politics and economics, obfuscation must be employed or else the "arguments" would be seen to collapse within 20 seconds.

It's comforting to know that you guys are at least consistent over the years.