By contrast, the economic straitjacket with which we now deal was in large part a product of ideological application of poorly understood monopoly capitalism — as obsolete in the 1920's, when it led to the Great Depression, as it was in the past decade of self-indulgent deregulation.
In his letter to Turnbull, Moore wrote: "We understand that monopolies for biologic products may become the final sticking point in the TPP negotiations and that Minister Robb is under intense pressure to compromise on his commitment not to agree to anything longer than Australia's current five-year data exclusivity period.
"That makes it difficult to reform them, even though most people understand that their monopoly is a big obstacle to innovation and fair competition within the Chinese economy".
It is impossible to understand modern Russia without understanding its natural gas monopoly, Gazprom.
I also understand how shopping there creates monopolies that put local vendors out of business.
Stop paying for things in Monopoly money — I understand it is the same as real money to us, but there have been some complaints.
Young children are often too nice to understand this, and, when playing Monopoly, will tax adults' patience by refusing to bankrupt other players, or by suggesting a cash injection all round from the central bank.The Parkers' own story began in 1883, as America was just beginning to develop a middle class with time for leisure pursuits.
More and more conservatives understand that local control means local monopolies and local mediocrity.
In centuries past, economists and governments came to understand the need to control economic monopolies for the greater good, to prevent stagnation and avoid unhealthy concentrations of power.
In centuries past, economists came to understand the need to control economic monopolies for the greater good, to prevent stagnation and avoid unhealthy concentrations of power.
