Robinson's Economics of Imperfect Competition

J. Schumpeter; A. J. Nichol

DOI:10.1086/254595

Corpus ID: 154388262

Robinson's Economics of Imperfect Competition

@article{Schumpeter1934RobinsonsEO,
  title={Robinson's Economics of Imperfect Competition},
  author={J. Schumpeter and A. J. Nichol},
  journal={Journal of Political Economy},
  year={1934},
  volume={42},
  pages={249 - 259}
}

J. Schumpeter, A. J. Nichol

Published 1934

Economics

Journal of Political Economy

COMPETITION' IT CANNOT be repeated too often that the case of perfect competition owes the fundamental importance which it always had and still has in economic theory to certain properties characteristic of it and neither to any tendency in the facts to conform to it nor any "desirability" of the state of things it depicts. From the beginning of scientific analysis of economic phenomena until comparatively recent times most economists would, it is true, have based the claims of free competition… CONTINUE READING

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