Home › Forums › Discuss Austrian Economics, Step by Step › Monopoly over long term › Reply To: Monopoly over long term
March 23, 2013 at 7:58 am
#17706
Moderator
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: