The logic of competition
“Rent seeking and the decline of the Florentine school,” Ennio E. Piano and Tanner Hardy, April 2022, Public Choice, 192, 59–78 (2022). https://doi.org/10.1007/s11127-022-00971-9 For a long time, economists have written and talked about the benefits that accrue to consumers as a result of free competition among businesses. When any business can easily enter an industry […]
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