In Defense of Monopoly

In Defense of Monopoly

Author: Richard B. McKenzie

Publisher: University of Michigan Press

Published: 2019-02-28

Total Pages: 554

ISBN-13: 0472901141

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In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.


Defense Production Act

Defense Production Act

Author: Matthew R. Lehner

Publisher: Nova Science Publishers

Published: 2014-01-11

Total Pages: 0

ISBN-13: 9781629480886

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The Defense Production Act of 1950 (DPA), provides the President a broad set of authorities to ensure that domestic industry can meet national defence requirements. This book examines some of the extensive history of the DPA, focusing primarily on its creation and most recent legislative reauthorisation.


Additive Manufacturing Handbook

Additive Manufacturing Handbook

Author: Adedeji B. Badiru

Publisher: CRC Press

Published: 2017-05-19

Total Pages: 928

ISBN-13: 1351645390

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Theoretical and practical interests in additive manufacturing (3D printing) are growing rapidly. Engineers and engineering companies now use 3D printing to make prototypes of products before going for full production. In an educational setting faculty, researchers, and students leverage 3D printing to enhance project-related products. Additive Manufacturing Handbook focuses on product design for the defense industry, which affects virtually every other industry. Thus, the handbook provides a wide range of benefits to all segments of business, industry, and government. Manufacturing has undergone a major advancement and technology shift in recent years.


Defense Conversion

Defense Conversion

Author: Jacques S. Gansler

Publisher: MIT Press (MA)

Published: 1995

Total Pages: 300

ISBN-13: 9780262071666

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This text examines the need to convert the defence industry from an inefficient and non-competitive part of the US economy to an integrated, civilian/military operation. The author defines the challenges, especially the influence of old-line defence interests and presents examples of restructuring. Gansler discusses growing foreign involvement, lessons of prior industrial conversions, the best structure for the next century, current barriers to integration, a three-part transformation strategy, the role of technological leadership, and the critical workforce. He concludes by outlining sixteen specific actions for achieving civil/military integration.


The Structure of the Defense Industry

The Structure of the Defense Industry

Author: Nicole Ball

Publisher: Routledge

Published: 2022-10-15

Total Pages: 382

ISBN-13: 9780367701253

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This book, first published in 1983, assesses the likely effects of reductions in defense industries on national economies. Each chapter discusses industry employment, output, research and development, capital value, profitability, concentration and competition, internal organization and regional employment concentration.


Model Rules of Professional Conduct

Model Rules of Professional Conduct

Author: American Bar Association. House of Delegates

Publisher: American Bar Association

Published: 2007

Total Pages: 216

ISBN-13: 9781590318737

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The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.


Defence Economics

Defence Economics

Author: Keith Hartley

Publisher: Cambridge University Press

Published: 2020-08-20

Total Pages: 137

ISBN-13: 1108890008

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This Element introduces students, policy-makers, politicians, governments and business-people to this new discipline within economics. It presents the recent history of the subject and its range of coverage. Traditional topics covered include models of arms races, alliances, procurement and contracting, as well as personnel policies, industrial policies and disarmament. Newer areas covered include terrorism and the economics of war and conflict. A non-technical approach is used and the material will be accessible to both economists and general readers.