Quarterly Journal of Economics Vol. 59 No. 4 1945
In Defense of Monopoly
Abstract
Monopoly often only an attempt to solve a problem, 524. — The "classical" argument against monopoly, 525. — Its limitations, 525. — The rôle of deflation in the development of monopoly, 527. — Price flexibility and spiral effects, 530. — Wages and employment, 533. — The fear of deflation, 534. — Saving, 536. — Competition vs. deflation, 537. — Non-price competition, 538. — Advertising, 540. — Control of deflation, 540. — Other grounds for monopolistic trends, 541.
- DOI
- 10.2307/1883294
- Volume
- 59
- Issue
- 4
- Pages
- 524
- Sources
- openalex crossref