Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10 5/3/83; site rochester.UUCP
Path: utzoo!linus!wivax!decvax!harpo!seismo!rochester!sher
From: sher@rochester.UUCP
Newsgroups: net.politics
Subject: Re: The crash and the free market
Message-ID: <1885@rochester.UUCP>
Date: Sun, 5-Jun-83 23:29:30 EDT
Article-I.D.: rocheste.1885
Posted: Sun Jun  5 23:29:30 1983
Date-Received: Tue, 7-Jun-83 01:12:27 EDT
References: <292@houti.UUCP>
Organization: University of Rochester
Lines: 16

I have not taken econ for 4 years (and didn't do much then) but a memory 
has risen up within me of a situation wherein a monopoly can control a
product market without use of force.  This involves the fact that
there are certain costs involved in entering a market.  If the
situation is such that the entrance fees to a market very high it will
allow the monopoly to charge more than the market will bear and make a
profit.

Another point is that any government act has economic consequences.
To illegalize that the government effect the economy is to practically
illegalize goverment.  Is that what you are proposing?  

I am sorry if this is a reiteration.  The primitive news software here
has its limits.

-David Sher (ofttimes AI project)