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[quote user="Freiheit"] Does she have any positions on any issues? [/quote] hypocrisy
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I would have to believe that a monopoly would hold a greater profit for the producer, compared to his competitors, for obvious reasons. The downfall of the monopoly would probably come if the output of the product isn't meeting the demand for it and the price. So, in a free market, I'm sure that someone else would eventually figure out a way
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[quote user="Angurse"] [quote user="jmorris84"] Does anyone here believe that Rockefeller would have been able to do what he did, in a totally free market? [/quote] It's impossible to know for sure, but I would hope so. However by the time the U.S. government dissolved Standard Oil in 1911, the company's market share had
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Owned about 90% of the kerosene market and most of the oil refinaries in the United States.
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Does anyone here believe that Rockefeller would have been able to do what he did, in a totally free market?
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ladyattis , I agree.
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While I find discussion on monopolies very interesting, I'm having trouble finding the point to this thread to even partake in this discussion. What are we even talking about here?
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Snakes with wings are the international symbol for medicine. Next.
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-> Link http://mises.org/images/CaduceusCoin.jpg <- Link Click the link. What does this represent? Why the snakes? Wy the wings? I DON'T GET IT!
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It's very clear that beer and wine are in great demand no matter where you are in the world. My question is, why is beer marketed more? If I were asked, today, "When was the last time you saw a commercial for wine?", I would have to say, "I don't I think I ever saw one."So how is it that the wine industry stays in as much