Free Market
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Free Market 16, no. 1 (January 1998) Competition is a process, the Austrian economists have long said, not a moment frozen in time. Today’s dominant company could be tomorrow’s rubble. Whether the winner can stay on top is dependent on its management, its ability to innovate, and, above all, the will of the consuming public. But since the