Mises Daily
Author:
Jonathan Newman
Online Publish Date:
and questioned his business practices, the prices of his products, and Luxottica’s growth over the years. At times, she almost seemed to scold the successful CEO for, indicate that he is a consumer-harming monopolist? What light does Austrian economics shed on this question? We Are All Monopolists The standard neoclassical is it so cheap to make expensive sunglasses? We know from the founders of Austrian economics, Carl Menger and Eugen von Böhm-Bawerk, that the value of tools, machines,