The Socialist Myth of Economic Monopoly Book Reviews
The Socialist Myth of Economic Monopoly by Iakovos Alhadeff Book Summary
A very common socialist claim is that the free market leads to economic monopolies, and it is the governments’ duty to protect consumers from “unreasonably” high prices set by monopolists. The purpose of this essay is to explain in simple words, why consumers should not be protected from the market, but rather from state monopolies.
Consumers must not be protected from Microsoft and Facebook, but they should be protected from public utilities, or any other state monopolies. This document follows the tradition of the great Austrian economists like Ludwig von Mises, F.A. Hayek and Murray Rothbard. No prior knowledge of economics is required. A genuine interest on the subject will suffice.
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| Book Name | The Socialist Myth of Economic Monopoly |
| Genre | Economics |
| Author | Iakovos Alhadeff |
| Published | 12 March 2014, Wednesday |
| Language | English |
| E-Book Size | 87.97 KB |
The Socialist Myth of Economic Monopoly (Iakovos Alhadeff) Book Reviews 2024
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Summary of The Socialist Myth of Economic Monopoly by Iakovos Alhadeff
The The Socialist Myth of Economic Monopoly book written by Iakovos Alhadeff was published on 12 March 2014, Wednesday in the Economics category. A total of 50 readers of the book gave the book 0 points out of 5.
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