Breaking the Neoclassical Monopoly in Economics

But monopolies of wealth are just as pernicious.

You don't have a monopoly on good taste.

There would still be a need for regulation, especially where monopoly or near monopoly is involved.

Such unions act as monopolies that offer complementary goods.

State monopolies undo what private businesses created.

Modern economies rely not on monopolies, but on competition.

With others, they left piles of Monopoly money nearby.

But there is no longer a monopoly on broadcasting information.

Hardliners, who refused to give up their monopoly on power, won.

State monopolies are sold to friends who then become multibillionaires, like Mexico s Carlos Slim.

The first pillar of this system is the public and private economic monopolies that dominate the country.

And Ayatollah Khomeini challenged the Al Saud s ideological monopoly and control of Mecca and Medina.

The state owned monopolies occupy the majority of the country s resources, leading to annual loss of trillions of yuan.

SOEs will lose their low interest loans, subsidized land, monopoly protection, and privileged housing.

East and West no longer have a monopoly on nuclear folly the South has joined in.

In a speech marking the state gas monopoly Gazprom s tenth anniversary in 2003, Putin stated his position explicitly, speaking of the company as one of the few strong geopolitical levers left to Russia after the Soviet collapse.

At least since 1989, the legitimacy of the Chinese Communist Party s monopoly on power has been fragile.

Everyone acknowledges that the market requires rules in order to avoid deformations such as monopolies and oligopolies.

Today's intellectual property regime protects innovators in advanced countries by issuing temporary monopolies, i.e., patents.

It is also a war of conflicting images, in which both parties claim a monopoly on justice and martyrdom.

If the US cannot provide this today, it must relinquish its monopoly on international conflict resolution.

The company's new head was the first to announce reforms to the monopoly over the course of a year and a half, a new system of freight tariffs will be created.

Privacy is only one part of a larger discussion around data ownership and data monopoly, security, and competition.

For more than a hundred years, America has had strong anti trust laws, which broke up private monopolies in many areas, such as oil.

In some emerging markets, telecom monopolies are stifling development of the Internet, and hence economic growth.

These monopolies are stronger than ever, and prices, supply, service, and quality all suffer.

Other people, randomly selected, unscrambled phrases that were not about money, did not see Monopoly money, and saw different screensavers.

Dual labor markets and product market monopolies still hobble growth, and oligarchs have disproportionate power to protect their interests.

Indeed, political modernization faces massive opposition from the Chinese Communist Party, which has no interest in surrendering its monopoly of power.

In government (as well as in the private sector) a golden rule is that more competition and less monopoly is likely to be beneficial.

Market reforms are critical, especially freeing telecommunications from state monopolies so that private companies are free to invest in needed physical infrastructure.

Natural monopolies are sometimes economically desirable, and it is legislators, not judges, who should decide whether and when they are to be permitted.

The same could unfold in China, where the Communist Party is increasingly beholden to the military for retaining its monopoly on power.

To be sure, basic models for example, theories of monopoly and simple oligopoly, the theory of public goods, or simple asymmetric information theory have some educational value.

Such was the confidence in the Conservatives' political monopoly that, after the last elections, many commentators doubted whether a Labour government would ever be returned to office. Five years later, the same question is being asked about the tattered, demoralised Conservatives, who seem on the verge of a party split which could condemn them to opposition for decades.

For more than a hundred years, America has had strong anti trust laws, which broke up private monopolies in many areas, such as oil.

Such was the confidence in the Conservatives' political monopoly that, after the last elections, many commentators doubted whether a Labour government would ever be returned to office.

The same could unfold in China, where the Communist Party is increasingly beholden to the military for retaining its monopoly on power.

Sheng Hong, Director of Unirule Institute of Economics, an independent think tank, believes that the SOEs' corruption problem cannot be resolved without challenging their monopoly status

Discipline and restructuring must be imposed on the so called natural monopolies railways, power utilities and, above all, Gazprom the country s largest company, and in which there is overwhelming evidence of theft by managers.

Finally, finance has long had an interest in stable monopolies and oligopolies with high profit margins, while the public has an interest in competitive markets with low margins.

Through the 1980's, massive loans, grants, and technical assistance to state owned monopoly telecom providers did almost nothing to increase the number of people with telephones in poor countries.

To be sure, such accusations are especially common in autocracies whose rulers, and their apologists, view the idea of universal human rights as a threat to their monopoly on power.

At the same time, in the problematic regions like Far East and North Caucasus, government ISP often face monopoly accusations (like it happened with Dal Svyaz).