Monopoly and Competition

The goal of our inquiry here is to add weight to the Rothbardian critique of Mises’s theory of monopoly prices. We do so by highlighting the inconsistencies of the latter’s treatment 

Butler Shaffer's well-written monograph, In Restraint of Trade, describes in extensive detail why and how most businessmen pleaded for the government to tame them between the end of World War I and the eve of World War II. 

In neoclassical theory, product differentiation provides consumers with a variety of different products within a particular industry, rather than a homogeneous product that characterizespurely competitive markets.

This article provides a new synthesis between the strategic management literature and Austrian capital theory.  The resource allocation process plays out in the context of differing subunit preferences

Rothbard realizes that the economy is not competitive, that it is shot through with elements of monopoly. The left-wing Chamberlinians used this as a beautiful handle to combine with the Marxists

Most economists would, given the opportunity, offer some proposal to reform antitrust policy.  Some would contend that this or that aspect of antitrust law should be eliminated or more weakly enforced.

Using Mises’s concept of economic calculation, this paper explains why conglomerates are frequently observed in emerging economies across the world.

Robert Nozick’s Anarchy, State, and Utopia (New York: Basic Books, 1974) is an “invisible hand” variant of a Lockean contractaria

Two objection have recently been made to the model of the free market without government.

Robert Nozick’s widely hailed Anarchy, State, and Utopia has been analyzed primarily in terms of the arguments he engages in with his fellow