Season 1 · Episode 6
Monopolies – a Necessary Evil?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
November 12, 201631m 26s
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Show Notes
In this episode Steve Keen argues that monopolies commissions have got it wrong, believing the consumer wins when all firms in an industry are of similar size. He argues that the best outcomes occur when businesses form a "power law" structure. And control of monopolies, he reckons, should be handed over to evolutionary biologists. Find out why in this edition of The Debunking Economics podcast.
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