Usually when we hear about a market possessing a monopoly, we assume from a consumers standpoint that we'll be facing inflated prices due to lack of competition. What we don't often discuss, is how monopolies come into existence, and how they are able to persist.
This #Episode of #TheLibertyExperts dives into exactly that, and David & Tim also exchange insights as to the philosophy behind them, including government involvement with these matters, and particular instances where they are okay in today's society.
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