This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the elec

The theory of natural monopoly has been substantially transformed in previous years. Ina clear and straightforward style, Dr. Sharkey gives an integrated presen

In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventiona

The massive depression of the 1930's detonated the crisis between harsh reality and the vision of material abundance and economic security created by the Americ

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how priv