austrian school

austrian school

Monopoly Is Everywhere, Say Mainstream Economists; Austrians Roll Eyes

1mo ago
SOURCE  

Description

Mainstream economists see "monopoly power" everywhere -- even when a breakfast cereal company differentiates its product via advertising. It's crazy. In today's episode we discuss the mainstream view of monopoly, as well as so-called perfect competition and monopolistic competition. You'll be begging for some Mises and Rothbard by the time we're done. Subscribe to the Tom Woods Show: https://itunes.apple.com/us/podcast/the-tom-woods-show/id716825890?mt=2 http://www.TomWoods.com/456 http://www.SupportingListeners.com http://www.RonPaulHomeschool.com http://www.TomWoodsHomeschool.com http://www.LibertyClassroom.com