Reply To: Monopoly over long term


What evidence does your brother have for his claim? For a fuller treatment of monopoly, take a look at Dominic Armentano’s book, Antitrust and Monopoly.

Here is an article by Armentano discussing various arguments about monopoly:

Here is Thomas DiLorenzo on the idea of “natural” monopoly, which in the jargon of economics is the claim your brother is making: