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The popular misunderstanding of the word “monopoly” (Part 2)

13 December 2017
Economic Theory

The popular misunderstanding of the word “monopoly” (Part 2)

Richard M Ebeling
13 December 2017
Continued from Part 1.   Reasons there may be a “single seller” in a market There are a variety of … Continue reading “The popular misunderstanding of the word “monopoly” (Part 2)”

The popular misunderstanding of the word “monopoly” (Part 1)

7 December 2017
Economic Theory

The popular misunderstanding of the word “monopoly” (Part 1)

Richard M. Ebeling
7 December 2017
Numerous misunderstandings and mythologies surround the meaning of capitalism and competition, but few match the confusions over the meaning and … Continue reading “The popular misunderstanding of the word “monopoly” (Part 1)”

Breaking down monopolies in the medical profession

28 January 2014

Breaking down monopolies in the medical profession

David Joselin
28 January 2014
‘The monopolists, by keeping the market constantly under-stocked, by never fully supplying the effectual demand, sell their commodities much above … Continue reading “Breaking down monopolies in the medical profession”

Competition policy – physician heal thyself

6 January 2014

Competition policy – physician heal thyself

Philip Booth
6 January 2014
Next year, the Office of Fair Trading (OFT) and the former Competition Commission (CC) will be unified. The old joke … Continue reading “Competition policy – physician heal thyself”

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