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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. "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 10
editado por - 2007 - 352 páginas
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History of Economic Analysis

Joseph A. Schumpeter - 1994 - 1260 páginas
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Antitrust Bulletin, Volumen35

1990
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An Inquiry Into the Nature and Causes of the Wealth of Nations: A Selected ...

Adam Smith - 1998 - 618 páginas
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The Merchant Houses of Stockholm, C. 1640-1800: A Comparative Study of Early ...

Leos Müller - 1998 - 303 páginas
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The Merchant Houses of Stockholm, C. 1640-1800: A Comparative Study of Early ...

Leos Müller - 1998 - 303 páginas
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Modern Political Philosophy

Richard Hudelson - 1999
...commodities offered under conditions of monopoly, where one buyer controls the entire supply of a commodity: "The price of monopoly is upon every occasion the...competition, on the contrary, is the lowest which can be taken."1 To be sure, a seller may, for a period of time, secure a price higher than that necessary...
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The Wealth of Nations: Books 1-3, Libros 1-3

Adam Smith - 1982 - 544 páginas
...problems presented by current 'regulations of police'. Of these, he singled out monopoly powers, since the 'price of monopoly is upon every occasion the highest which can be got' (WN , I.vii.27; 164), and thus unlikely to be regulated by cost of production. He was also a bitter...
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Adam Smith: Critical Responses, Volumen6

Hiroshi Mizuta - 2000 - 640 páginas
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The Wealth of Nations

Adam Smith - 2000 - 1184 páginas
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Neue Institutionenökonomik: Anwendung auf Religion, Banken und Fußball

Aloys Prinz, Albert Eelke Steenge, Alexander Vogel - 2001 - 271 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...occasion indeed, but for any considerable time together.' Therefore, society should be safeguarded against the propensity of private enterprise to monopolistic...
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