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

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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.

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Richard B. Mckenzie
Dwight R. Lee
Economic systems
Economics
Economics, finance, business and industry
The University Of Michigan Press

More information from Wikipedia:

Richard B. Mckenzie
Dwight R. Lee
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