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The apparent paradox is resolved once we recognize that market failure stems from the very logic of competition itself.
It amazes me how much those on the other side of this argument refuse to accept the logic of competition.
But economists have long been suspicious of such promises, which can leave consumers worse off.The problem is that price-match guarantees can blunt the logic of competition.
But even in the most thickly described on-court scenes, he manages to communicate something about the implacable logic of competition, its horrible lack of mercy.
It was a clear signal that some of Cuba's new entrepreneurs — legalized by the government two years ago in a desperate attempt to save the island's economy — were adapting to the logic of competition and capitalism.
This has involved the internalisation of the logic of competition, so that universities, departments and individual academics are all pushed to treat each other as rivals in the struggle for resources.
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Yet, in the face of the multiplication of businesses,3 there are also logics of competition and entrepreneurs try to start-up in other kind of shops aiming at differentiation.
Caster Semenya and the Logic of Olympic Competition Can Ashton Eaton Save the Decathlon?
GDP accepts the logic of global competition that every nation, and every person within them must fight for a greater share of a never-ending stream of consumer durables.
Part 3 is below._ Caster Semenya and the Logic of Olympic Competition The Brilliance of Usain Bolt, Mo Farah, and Wayde Van Niekerk The Athleticism of Simone Biles The Promise of Vaping and the Rise of Juul The Lifespan of a Photographer's Marriage, One Portrait of His Partner at a Time The Trouble with Elon Musk and Grimes Subscribe to The New Yorkerfor only $1 a week.Plus, get a free tote.
As Bebnowski and Förster (2014: 19-24) correctly pointed out, the logic of economic competition, which underlies Eurosceptic economic liberalism, complements the national pride of national conservatives, embodied in the idea that Germany rose as the winner from market competition because it had superior economic capabilities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com