no but there is incentive to abuse a monopoly. Monopolies aren't bad in and of themselves, its the fact that monopolies...
-
-
-
can and do have the ability to raise prices that would be lowered by a competative market.
-
the demand for a monopoly's product is high, so they therefore become price-setters, meaning they can charge a lot for
-
something that shouldn't/wouldn't cost as much if there were other providers of that good.
- 1 more reply
New conversation -
-
-
I think a lot of your new listeners would benefit from understanding Austrian Theory, assuming they don't listen to old ep.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
can you do a video on single-payer? It's popular discussion in the alt-right right now.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
lol please do
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
spoiler: the state is not one of them
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
can't have monopoly without government!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Monopoles are by nature unstable and short lived; unless they receive Government Subsidies, then they become parasitic.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.