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


To: TimF who wrote (40002)12/29/2009 4:55:26 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
"Your making up your own definition"

No, I am not.

(It *is* freshman-level economics however... fundamental to grasp the distinction before you can understand anything much more about economics though... the BASIC PRINCIPLES which are required for ANY FREE MARKET.)

The exercise of monopoly pricing power *distorts* market pricing, access to markets, and capital formation, and is antithetical to Free Markets....