The word monopolies has negative connotations in economic history, but recently monopolies have been praised by people such as Warren Buffett an Peter Thiel. The arguments for and against are not new, but some of the arguments for and against now have better empirical support.
Monopolies provide capital for R&D and incentives to entrepreneurs.
Monopolies choke economies: competition is central to a healthy economic system
This page was last edited on Sunday, 4 Nov 2018 at 16:53 UTC