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Economists have generally assumed that the intention of the antitrust
laws is to increase economic efficiency. Many observers, however,
have noted that the antitrust laws are applied inconsistently
...
DEMOCRACY, INTEREST GROUPS, AND THE PRICE OF VOTES
DEMOCRACY INTEREST GROUPS economic affairs
2008/12/4
I. Introduction
The chief contribution of economics toward improving understanding
of the way the world works is probably the theory of price.
This theory has proven to be a robust tool for explain...