20th Century American Economic History
20th Century American Economic History
Murray N. Rothbard
The Rise of Big Business: The Failure of Trusts and Cartels (continued)
1 seconds Posted Jan 11, 2010 at 6:00 am.
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Despite the drive for monopoly, only oil, sugar and corn products ended up dominated by a particular company. Bigger was not better. Biggest was not best. Smaller and more mobile was more competitive. Major inventions are still coming from small firms.