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Competition as a Dynamic Process
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Competition as a Dynamic Process

work by Clark

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discussed in biography

  • In John Maurice Clark

    …workable competition, as developed in Competition as a Dynamic Process (1961). This book stresses the flexibility of the economic system, the limits to market power, and the importance of potential competition, a theme also emphasized by his father. Clark’s argument that perfect competition is both theoretically and practically unattainable became…

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