The Notorious “B-I-G” Business…
In many societies, there is a widespread antipathy of monopoly. The “little guy” is seen as noble, while the “big business” is to be feared or viewed with suspicion. “David” is the protagonist. “Goliath”: nemesis. But in the field of economics the sentiment invites important questions, questions that offer surprising and fascinating answers. For example, what does the term monopoly […]
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