In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventiona

The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming cons

In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature

Throughout the Cold War, theorists argue, nuclear arms stopped war, as both sides could retaliate with ""mutual assured destruction"". This fact begs the questi