Review of Austrian Economics, Volumes 1-10

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Home | Mises Library | Competition versus Monopoly: Combines Policy in Perspective

Competition versus Monopoly: Combines Policy in Perspective

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Tags Financial MarketsMonopoly and Competition

04/14/2016Roger A. Arnold

There are numerous well-known definitions of economics, but the one that best captures what economics is about is James Buchanan's definition, namely: "Economics is the science of markets or exchange institutions."

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