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Old 23rd March 2009, 19:48     #8971
Draco T Bastard
 
http://www.debtdeflation.com/blogs/w...Policy2004.pdf
Quote:
The ‘‘deadweight loss’’ of consumer and producer surplus that has in the past been ascribed simply to monopoly is instead the deadweight loss from profit-maximizing behaviour.
There really is no profit in a free-market
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Cheers
Draco T Bastard
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