Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Harberger 

Report
Monopolies Inflict Great Harm on Low- and Middle-Income Americans

Today, monopolies inflict great harm on low- and middle-income Americans. One particularly pernicious way they harm them is by sabotaging low-cost products that are substitutes for the monopoly products. I'll argue that the U.S. housing crisis, legal crisis, and oral health crisis facing the low- and middle-income Americans are, in large part, the result of monopolies destroying low-cost alternatives in these industries that the poor would purchase. These results would not surprise those studying monopolies in the first half of the 20th century. During this period extensive evidence was ...
Staff Report , Paper 601

Working Paper
Monopolies: Silent Spreaders of Poverty and Economic Inequality

The Covid-19 crisis has exposed the vast inequalities that exist within the US economy. As the virus has spread silently, it has laid bare other crises that face our nation---especially the economic vulnerabilities of the country's poor and marginalized. Many of these vulnerabilities can, in fact, be traced back to a single cause that itself has spread silently, but over the last several decades, not months: Monopolies. That monopolies are "silent spreaders of poverty and economic inequality" was well known to economic and legal scholars of the 1930s and 1940s. Wendell Berge, who was ...
Working Papers , Paper 772

Working Paper
Solving the Housing Crisis will Require Fighting Monopolies in Construction

U.S. government concerns about great disparities in housing conditions are at least 100 years old. For the first 50 years of this period, U.S. housing crises were widely considered to stem from the failure of the construction industry to adopt new technology -- in particular, factory production methods. The introduction of these methods in many industries had already greatly narrowed the quality of goods consumed by low- and high-income Americans. It was widely known why the industry failed to adopt these methods: Monopolies in traditional construction blocked and sabotaged them. Very little ...
Working Papers , Paper 773

FILTER BY Series

FILTER BY Content Type

Working Paper 2 items

Report 1 items

FILTER BY Author

FILTER BY Jel Classification

D22 3 items

D42 3 items

K0 3 items

L0 3 items

L12 3 items

K21 1 items

show more (1)

FILTER BY Keywords

Competition 3 items

Cournot 3 items

Harberger 3 items

Inequality 3 items

Monopoly 3 items

Sabotage 3 items

show more (14)

PREVIOUS / NEXT