Economics is Not a Game of Monopoly
The standard textbook model of monopoly economics only applies to the real world in a narrow range of circumstances.
Saul Zimet
· 7 min read
A collection of 2 posts
The standard textbook model of monopoly economics only applies to the real world in a narrow range of circumstances.
The suggestion that we ought to be suspicious of Gates’s work on global health—work that has saved millions of lives—because he made a slightly ambiguous comment about U.S. politics is not only absurd, it is also pernicious.