HET II Competition Part 1
Автор: CharlesNSteele
Загружено: 2020-03-27
Просмотров: 181
History of Economic Thought II -- Competition is fundamental to the market system. All of the great economists from Cantillon to Smith to the Marginal Revolutionaries argue that competition is a central force that propels the economy and improves the servicing of human wants. But what is competition? In this lecture, economist Charles N. Steele contrasts two competing ways of conceiving of market competition, and explains why it matters how we see it.
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