The "What is Money?" Show cover image

WiM002 - The Saylor Series | Episode 2 | The Rise of Man through the Dark and Steel Ages

The "What is Money?" Show

00:00

Is There a Path Dependency Between Monopoly and Free Market Competition?

monopolies serve this function, perhaps, of muting volatility in the early stages of an industrial, particular industry's development. And assuming you can remove that monopoly after it's served its function of setting the standards, then you let free market competition take hold on those standards. It seems like there's something natural, some natural interplay between a monopolistic and freemarket competition. But over time, i would suspect that the standards that they have been setting will to be opened up to more freemarket Competition.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app