A mixed economy attempts to constrain monopolies through regulation. It also involves granting government certain monopolies, at minimum a monopoly over the provision of currency, setting of interest rates, and overall economic planning. read more
A mixed economy attempts to constrain monopolies through regulation. It also involves granting government certain monopolies, at minimum a monopoly over the provision of currency, setting of interest rates, and overall economic planning. Usually it grants government monopolies for such purposes as utilities, roads, etc. read more
Apple extracts a lot of ‘monopoly rent’ which can also be thought as brand premia, I dont think it has done the US economy any good also since the money extracted isnt invested in any productive activity and just lies in safe assets frankly. read more
A mixed economy is one in which there exists a mixture of free enterprise and government control. In some areas of a mixed economy, the government may even have a monopoly. read more