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" The price of monopoly is upon every occasion the highest which can be got. The natural price, or the price of free competition, on the contrary, is the lowest which can be taken, not upon every occasion indeed, but for any considerable time together. "
Competition & the Future of Digital Music: Congressional Hearing - Página 33
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volumen1

Adam Smith - 1809 - 372 páginas
...raise their emoluments, whether they consist in wages or profit, greatly above their natural rate. The price of monopoly is upon every occasion the highest which can be got. The natural price, or the price of free competition, on the contrary, is the lowest which can be taken,...
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An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - 1869 - 576 páginas
...raise their emoluments, whether they consist in wages or profit, greatly above their natural rate. The price of monopoly is upon every occasion the highest which can i be got.2 The_natural price, or the price of free competition, on the contrary, is the lowest which...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volumen1

Adam Smith - 1880 - 486 páginas
...raise their emoluments, whether they consist in wages or profit, greatly above their natural rate. The price of monopoly is upon every occasion the highest which can be got.2 The natural price, or the price of free competition, on the contrary, is the lowest which can...
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Select Chapters and Passages from the Wealth of Nations of Adam Smith, 1776

Adam Smith - 1894 - 526 páginas
...raise their emoluments, whether they consist in wages or profit, greatly above their natural rate. The price of monopoly is, upon every occasion, the highest which can be got. The natural price, or the price of free competition, on the contrary, is the lowest which can be taken,...
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La formation du radicalisme philosophique ...

Élie Halévy - 1901 - 476 páginas
...radicale (W. of N. Book I, chap. vu ; vol. I, p. 64) entre le prix de monopole et le prix naturel. « The price of monopoly is upon every occasion the highest which can be got. The natural price, or the price of free competition, on the contrary, is the lowest which can be taken,...
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Über Bodenrente und Bodenspekulation in der modernen Stadt

Adolf Weber - 1904 - 240 páginas
...Adam Smiths, dafs Monopolpreis und Konkurrenzpreis im schärfsten Gegensatze zu einander stehen, wahr: „The price of monopoly is upon every occasion the highest which can be got. The natural price, or the price of freecompetition, onthe contrary, is the lowest which canbe taken,...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volumen22

1912 - 684 páginas
...concep1 See ECONOMIC JOURNAL for September and December, 1911. a For instance, Adam Smith's dictum, " The price of monopoly is upon every occasion the highest which can be got" (Wealth of Nations, Book I, Chap. vii.), JS Mill's dictum, " Monopoly value does not depend on any...
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Science of Theocratic Democracy

Du Bois Henry Loux - 1920 - 286 páginas
...legislature) which give occasion to them . . . The price of monopoly is upon every occasion to them . . . The price of monopoly is upon every occasion the highest which can be got . . .the highest which can be squeezed out of the buyers, or which, it is supposer, they will consent...
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Papers Relating to Political Economy, Volumen1

Francis Ysidro Edgeworth - 1925 - 464 páginas
...of customers. I build upon the foundations laid by Dupuit.2 1 For instance, Adam Smith's dictum, " The price of monopoly is upon every occasion the highest which can be got " (Wealth of Nations, Book I. chap, vii.), JS Mill's dictum, " Monopoly value does not depend on any...
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Steel Companies (subpenas): Hearings Before the Committee on the Judiciary ...

United States. Congress. Senate. Committee on the Judiciary - 1963 - 242 páginas
...Smith. His work was published as long ago as 1776. He said, and I quote — In the wealth of nations the price of monopoly is upon every occasion the highest which can be gotten. The natural price or the price of free competition on the contrary is the lowest which can...
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