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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (39916)12/24/2009 10:31:41 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 71588
 
Re: "welfare, subsidies, corporate welfare, etc."

Subsidy is subsidy......

Re: [Exercise of MONOPOLY PRICING POWER means --- by definition! --- that the market is a monopoly market, no longer a free market.] "No, that simply isn't part of the definition, and it would be ridiculous to add it."

I'm not 'adding' anything.

I suggest that you consult most any economics text book on the planet for an understanding of how exercise of monopoly pricing power *distorts* market pricing, access to markets, and capital formation, and is antithetical to Free Markets....