How Long to Read Economic Concentration; Structure, Behavior and Public Policy

How Long Does it Take to Read Economic Concentration; Structure, Behavior and Public Policy?

It takes the average reader 13 hours and 14 minutes to read Economic Concentration; Structure, Behavior and Public Policy by John Malcolm Blair

Assuming a reading speed of 250 words per minute. Learn more

Description

As a veteran of both the Bureau of Economics of the Federal Trade Commission and the Senate Subcommittee on Antitrust and Monopoly during the 1960s, author Blair is an advocate. His advocacy of his position is clear, concise, and understandable: he favors strong antitrust laws and the stricter application of those laws to existing corporate structures, and this is his argument. First, it defines and discusses four types of economic concentration-market, vertical, conglomerate, and aggregate. Second, high concentration (as opposed to diffusion of control) is shown to be neither the necessary nor the "natural" state of the economy because "centrifugal" forces (eventual diseconomies of scale, growth, and technological change) constantly are chipping away at dominance and ossification. Third, it argues that the primary causes of high and rising concentration of various kinds are neither natural nor technological imperatives (economies of scale, technological change): rather, they are artificial and unnecessary "centripetal" factors, the most important being mergers, acquisitions, TV advertising, predation, and anticompetitive government policies of various kinds. The result, therefore, is a work rich in empirical information and skillful in interpreting and verifying new data and statistical approaches; moreover, it integrates a substantial quantity of data never attempted in this area in the past. In this sense it is an excellent contribution. No topic considered has been shortchanged, the treatment is competent. But the effort to cover the entire waterfront leaves several urgent questions: What can be done and where? How may we attempt new approaches to our subject? How may we first better convince the general public and Congress that, indeed, a strong antitrust policy is desirable?

How long is Economic Concentration; Structure, Behavior and Public Policy?

Economic Concentration; Structure, Behavior and Public Policy by John Malcolm Blair is 776 pages long, and a total of 198,656 words.

This makes it 262% the length of the average book. It also has 243% more words than the average book.

How Long Does it Take to Read Economic Concentration; Structure, Behavior and Public Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 18 hours and 5 minutes to read Economic Concentration; Structure, Behavior and Public Policy aloud.

What Reading Level is Economic Concentration; Structure, Behavior and Public Policy?

Economic Concentration; Structure, Behavior and Public Policy is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economic Concentration; Structure, Behavior and Public Policy?

Economic Concentration; Structure, Behavior and Public Policy by John Malcolm Blair is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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