Quarterly Journal of Austrian Economics
Author:
Ludwig von Mises
Online Publish Date:
Volume 1, No. 2 (Summer 1998) Terminological Remarks It is customary to distinguish between competition and monopoly. This distinction suggests the idea that in the case of monopoly there is no competition at all. However, this is not true with regard to the monopolies we have to deal with in a study devoted to the problems of a market economy.