re: Monopoly and Competition: Government Intervention and its Effects on the Free Market

John Rolstead — Wed, 31 Mar 2010 22:13:42 GMT

You're bibliography is impresssive. You may want to add to the theme with Gabriel Kolko's Triumph of Conservatism.

Another item to add to your list would be a firm trying to maximize total revenue. I firm like Intel, which seems to have a corner on processor production, is still bound by the intention to maximize revenue. So if they limit production to raise prices, and earn a higher profit margin, investors will come knocking. They will want to invest in this firm that is laying golden eggs. But investors want to be rewarded. They want as high a return as possible. Just look at Henry Ford's partners back when he was starting Ford Motor Company. So high yields will draw in the investors, and the only way to satisfy them will be to increase production and lower prices as a result, maximizing total revenue, increasing P/E ratio.

re: Corporate Welfare and Corporatism

gustava — Mon, 23 Nov 2009 03:31:21 GMT

Good job talking about corporatism considering mostly everything out there that describes our current affairs doesn't mention it. Your knowledge makes you outstanding in your class and probably in your school. Keep up the good work and continue to be the leader equipped with great economic education! We need more people like you!

Damien Manier - All Comments

re: Monopoly and Competition: Government Intervention and its Effects on the Free Market

re: Corporate Welfare and Corporatism