Mckenzie Richard B., Lee Dwight R.:
In Defense Of Monopoly
How Market Power Fosters Creative Production
The University Of Michigan Press (United States), 2008
Hardback, 376 pages
Size: 229x152 mm
ISBN: 9780472116157
ISBN-10: 0472116150
In Defense Of Monopoly
Offers an unconventional argument in favor of market monopolies. This book claims that conventional, static models exaggerate the harm done by real-world monopolies, and shows why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time.

