bripat9643
Diamond Member
- Apr 1, 2011
- 170,163
- 47,312
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So Bripat.
Let us review to see what you have learned.
We shall begin here.
Were there natural monopolies before 1890?
No.
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So Bripat.
Let us review to see what you have learned.
We shall begin here.
Were there natural monopolies before 1890?
But lets move on, Bripat.
Would you say that every nation on earth has laws protecting their citizens against monopolies?
Have Libertariantards figured out something that the entirety of world history and civilization has missed?
Plenty of oil companies make billions drilling in deep water, so your chart proves no such thing.
The Arabs have a dramatic per barrel cost advantage of extracting oil vis-a-vis the competition. You are embarassing yourself.
Yet, other producers still manage to compete with them and make a profit.
But lets move on, Bripat.
Would you say that every nation on earth has laws protecting their citizens against monopolies?
Have Libertariantards figured out something that the entirety of world history and civilization has missed?
Every nation on Earth has laws that impose legal monopolies on their citizens. No one needs protection from natural monopolies because they are impossible. No government has ever prosecuted a company that was a natural monopoly.
So Bripat.
Let us review to see what you have learned.
We shall begin here.
Were there natural monopolies before 1890?
No.
But lets move on, Bripat.
Would you say that every nation on earth has laws protecting their citizens against monopolies?
Have Libertariantards figured out something that the entirety of world history and civilization has missed?
Every nation on Earth has laws that impose legal monopolies on their citizens.
The Arabs have a dramatic per barrel cost advantage of extracting oil vis-a-vis the competition. You are embarassing yourself.
Yet, other producers still manage to compete with them and make a profit.
You are spinning. You wanted me to show you how a monopoly COULD keep a player out of the market by making the marginal product entry unprofitable.
I showed you how and why.
So do Libertariantards think the entire experience of world history and culture has it wrong about how to handle monopolies?
Finding all sort of 'natural monopolies' before 1890.
Glasglow coal monopoly - several hundred years
Yet, other producers still manage to compete with them and make a profit.
You are spinning. You wanted me to show you how a monopoly COULD keep a player out of the market by making the marginal product entry unprofitable.
I showed you how and why.
You showed no such thing. All your chart indicates is that different resources have different costs.
If you insist on making an ass out of yourself....
Industries with a natural monopoly
Such a process happened in the water industry in nineteenth century Britain. Up until the mid-nineteenth century'
Natural monopoly - Wikipedia, the free encyclopedia
You'll have to excuse me if I don't accept Wikipedia as a reliable source.
Is it your contention, then, that there was no canal and water industry natural monopolies in Britain in the 18th century?
Did Egypt have a monopoly on corn in Joseph's day?
Finding all sort of 'natural monopolies' before 1890.
Glasglow coal monopoly - several hundred years
Coal was mined in numerous locations in Britain, so how could Glasgow have a monopoly?
You are spinning. You wanted me to show you how a monopoly COULD keep a player out of the market by making the marginal product entry unprofitable.
I showed you how and why.
You showed no such thing. All your chart indicates is that different resources have different costs.
Give up. I showed you how the ARAB suppliers had an insurmountable production cost advantage, your willful ignorance notwithstanding.
You'll have to excuse me if I don't accept Wikipedia as a reliable source.
Is it your contention, then, that there was no canal and water industry natural monopolies in Britain in the 18th century?
Did Egypt have a monopoly on corn in Joseph's day?
Corn didn't exist in Egypt in Joseph's day.
Finding all sort of 'natural monopolies' before 1890.
Glasglow coal monopoly - several hundred years
Coal was mined in numerous locations in Britain, so how could Glasgow have a monopoly?
A simple Google search of the Glasglow coal monopoly would give you the details on the well-documented monopoly which you are forced to pretend did not exist.
Hilarious!
Is it your contention, then, that there was no canal and water industry natural monopolies in Britain in the 18th century?
Did Egypt have a monopoly on corn in Joseph's day?
Corn didn't exist in Egypt in Joseph's day.
You are a fool. We are done here.
'Joseph in Egypt
Money with a hoarding tax was already introduced by Joseph when he was viceroy of Egypt. When the pharaoh had dreams about seven fat cows being eaten by seven lean cows and seven full ears of corn being devoured by seven thin and blasted ears of corn, Joseph explained the dreams to the pharaoh. He told the pharao that seven good years would come and after that seven bad years would follow. Joseph advised the Egyptians to store food on a large scale. They followed his advise and built storehouses for food. In this way Egypt survived the seven years of scarcity.'
Natural money: the most efficient monetary system - OpenGov - Open Government Brainstorm - by IdeaScale
I would be curious to know what you think of patent law and intellectual property rights, Bripat.
Should there be any such laws / protections afforded inventors / producers / citizens?
Should Edison have been the only one permitted to make lightbulbs forever, or should all competitiors be permitted to copy the invention starting day one?
I would be curious to know what you think of patent law and intellectual property rights, Bripat.
Should there be any such laws / protections afforded inventors / producers / citizens?
Should Edison have been the only one permitted to make lightbulbs forever, or should all competitiors be permitted to copy the invention starting day one?
That's a complex subject. Libertarians have differing views on it.
Corn didn't exist in Egypt in Joseph's day.
You are a fool. We are done here.
'Joseph in Egypt
Money with a hoarding tax was already introduced by Joseph when he was viceroy of Egypt. When the pharaoh had dreams about seven fat cows being eaten by seven lean cows and seven full ears of corn being devoured by seven thin and blasted ears of corn, Joseph explained the dreams to the pharaoh. He told the pharao that seven good years would come and after that seven bad years would follow. Joseph advised the Egyptians to store food on a large scale. They followed his advise and built storehouses for food. In this way Egypt survived the seven years of scarcity.'
Natural money: the most efficient monetary system - OpenGov - Open Government Brainstorm - by IdeaScale
Corn was created in the Western Hemisphere.