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picture1_Monopoly Pdf 122540 | Cj28n2 12


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 119x       Filetype PDF       File size 0.14 MB       Source: www.cato.org


File: Monopoly Pdf 122540 | Cj28n2 12
Milton Friedman and the Case against Currency Monopoly George Selgin A longstanding tradition in economics, dating back at least to Adam Smith, looks askance at statutory monopolies, condemning almost all ...

icon picture PDF Filetype PDF | Posted on 09 Oct 2022 | 2 years ago

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...Milton friedman and the case against currency monopoly george selgin a longstanding tradition in economics dating back at least to adam smith looks askance statutory monopolies condemning almost all of them as unnecessary barriers economic progress thanks largely this most present s day are no longer tolerated few exceptions found mainly less developed countries where they remain cause impoverishment needless say economists have also generally opposed monopolization by fiat undertakings that were already somewhat competitive but there is one set notable last claim gov ernment paper money during late th century such consisted entirely redeemable notes issued commercial banks while complete legal freedom entry into business was rare so outright some moreover industry playing field more or level with numerous sharing similar privileges early centuries however compet itive note issue gave way everywhere govern ments awarded exclusive favored although significant numbers develop ment its st...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 09 Oct 2022 | 2 years ago
										
										
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