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- Search found 3 items for:
- Monopoly and Competition
- Philosophy and Methodology
- Walter Block
- English
Journal of Libertarian Studies
Author:
Walter Block
Online Publish Date:
There are two views of monopoly within what might be called the broad Austrian camp. According to the Mises-Kirzner view, monopoly price can exist on the free market, and a necessary part of its definition is a purposeful withholding of resources on the part of the monopolist. Rothbard, however, defines monopoly as an exclusive government grant of