Austrian economists observe that most lasting monopolies are the result of government and that any attempt to
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Austrian economists observe that most lasting monopolies are the result of government and that any attempt to make government strong enough to control monopolies may result in an abuse of government power to protect and create more monopolies. What cautionary advice could we draw from this observation? (Austrian)
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Cautionary Advice from Austrian Economists on Government and Monopolies Austrian economists known for their emphasis on individual choice and the free ...View the full answer
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