Cyber Ghost to Memes · 1 year agoCapitalism is about competitionimagemessage-square16fedilinkarrow-up1138arrow-down14cross-posted to: memes@lemmy.ml
arrow-up1134arrow-down1imageCapitalism is about competitionCyber Ghost to Memes · 1 year agomessage-square16fedilinkcross-posted to: memes@lemmy.ml
minus-square小莱卡linkfedilinkarrow-up6·1 year agoThe “perfect competition” concept (where ideal competitive markets lead to better prices and higher salaries, etc) is obsolete, i read milton Friedman debunking it funnily enough.
The “perfect competition” concept (where ideal competitive markets lead to better prices and higher salaries, etc) is obsolete, i read milton Friedman debunking it funnily enough.
In which book does he do that?
in some chapter of “methodology of economics”.