4min chapter

People I (Mostly) Admire cover image

99. Greg Norman Takes On the P.G.A. Tour

People I (Mostly) Admire

CHAPTER

Is There a Monopoly in Golf?

In some settings monopolies are the most efficient way of doing things. Is golf one of those settings? And also about Greg Norman's failed attempt to create a rival tour 25 years ago. We tend to think about monopolies as being only bad, but there is one economic setting in which a monopoly is good.

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