"A monopoly is a grant of special privilege by the State, reserving a certain area of production to one particular individual or group." in bold in the middle of the page.
If I can't quote a university that advocates for the Austrian view without you labeling it bias, there's no point to this discussion.
You accused me of redefining monopoly. I point to an entire school of economics that defines monopoly as I defined it. You dismiss it as bias.
http://principlesnotmen.wordpress.com/2013/02/09/does-the-fr...
Rothbard, Sowell, Mises and others share this view. Google their names followed by the word "monopoly" for an abundance of material.
http://wiki.mises.org/wiki/Monopoly
"A monopoly is a grant of special privilege by the State, reserving a certain area of production to one particular individual or group." in bold in the middle of the page.
If I can't quote a university that advocates for the Austrian view without you labeling it bias, there's no point to this discussion.
You accused me of redefining monopoly. I point to an entire school of economics that defines monopoly as I defined it. You dismiss it as bias.