Free Capitalist Network - Community Archive
Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

Perfect competition & natural monopoly theory - myth or reality?

rated by 0 users
Not Answered This post has 0 verified answers | 2 Replies | 2 Followers

Not Ranked
19 Posts
Points 560
AussieAustrianBlog posted on Thu, Mar 3 2011 7:13 AM

So many economists adopt perfect competition theory. Any ounce of truth to it?

What are the best arguments that smash it, namely that amount firms don't matter?



All Replies

Top 150 Contributor
533 Posts
Points 8,445

The Myth of Natural Monopoly


Very interesting lecture. The part about the real uses of anti-trust law is great stuff.

Tumblr The welfare of the people in particular has always been the alibi of tyrants. ~Albert Camus
  • | Post Points: 5
Top 50 Contributor
2,417 Posts
Points 41,720

Monopoly and Competition (by Murray N. Rothbard)

Study Guide to Chapter 10 of Man, Economy and State - Monpoly and Competition

  • | Post Points: 5
Page 1 of 1 (3 items) | RSS