Claim OwnershipMonopoly and Competition
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This three-lecture course with Professor Peter Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation. Enroll for free at https://Mises.org/Competition_and_Monopoly.
Klein begins with a brief overview of the neoclassical model of “perfect competition” and the theory of “market failure,” showing how this particular understanding of markets underlies mainstream economists’ beliefs about taxes and regulation, antitrust, environmental policy, and more.
Professor Klein then turns to various approaches to competition and monopoly within the Austrian school, including the views of Menger, Mises, Rothbard, and Kirzner.
The final section focuses on current applications of these debates to minimum-wage laws, patent and innovation policy, environmental regulation, and more.
Klein begins with a brief overview of the neoclassical model of “perfect competition” and the theory of “market failure,” showing how this particular understanding of markets underlies mainstream economists’ beliefs about taxes and regulation, antitrust, environmental policy, and more.
Professor Klein then turns to various approaches to competition and monopoly within the Austrian school, including the views of Menger, Mises, Rothbard, and Kirzner.
The final section focuses on current applications of these debates to minimum-wage laws, patent and innovation policy, environmental regulation, and more.
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Lecture 3 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
Lecture 3 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
Lecture 2 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
Lecture 2 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
Lecture 1 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
Lecture 1 of Peter Klein's three-part Mises Academy course, "Monopoly and Competition". Enroll for free at Mises.org/Competition_and_Monopoly
Professor Klein reviews mainstream and Austrian theories of competition and monopoly, with a focus on theory and applications to business strategy, antitrust and regulation, and innovation.
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