Comment by amelius Comment by amelius 21 hours ago 1 reply Copy Link View on Hacker News Nobody said we should allow monopolies?
Copy Link fragmede 19 hours ago Collapse Comment - Especially Adam Smith. The claims are scattered throughout The Wealth of Nations, but he hated them with specificity. He said they raise prices and lower quality, misallocate capital, and corrupt politics, among other things. Reply View | 0 replies
Especially Adam Smith. The claims are scattered throughout The Wealth of Nations, but he hated them with specificity. He said they raise prices and lower quality, misallocate capital, and corrupt politics, among other things.