Contrarian View
Russ and Clifford discuss the contrarian view on the interventionist approach, questioning the need for antitrust measures in a supposedly competitive economy. They explore the potential benefits and costs of dismantling antitrust regulations, emphasizing the importance of focusing on the most egregious cases of monopoly. The conversation highlights the impact of rent-seeking and the political economy on the effectiveness of antitrust policies.In this clip
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EconTalk
Clifford Winston on Market Failure and Government Failure
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