All Posts Tagged With: "oligopoly"
Hierarchy or the Market
In an article in last June’s Freeman, I applied some ideas from the socialist-calculation debate to the private corporation and examined the extent to which it is an island of calculational chaos in the market economy. I’d like to expand that line of analysis now and apply some common free-market insights on knowledge and incentives [...]
1Apr2008 | Kevin A. Carson | 2 comments | ContinuedMonopolies in America: Empire Builders and Their Enemies from Jay Gould to Bill Gates by Charles R. Geisst
Oxford University Press • 2000 • 355 pages • $30.00 The current Microsoft court case, hotly debated and full of economic implications, makes a historical study of monopolies and antitrust law very relevant. Unfortunately, business historian Charles Geisst’s Monopolies in America is incomplete and one-sided, mostly reiterating the traditional statist interpretation of big business and [...]
1Apr2001 | Burton W. Folsom Jr. | 0 comments | ContinuedCapitalism and Cooperation
Mr. Levite is a freelance writer residing in San Francisco, California. In a 1989 article appropriately titled “The Triumph of Capitalism,” socialist economist Robert Heilbroner, who deserves to be commended for his honesty, observed: “. . . at this moment socialism has no plausible economic framework.”[1] Perhaps socialists have finally reached the point where they [...]
1Oct1997 | Allan Levite | 0 comments | Continued-
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