Re: Re: Re: Re: Re: Re: Current (heterodox) thinkingoninterestrates?

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Other problems with concentration ratios concern determining the
appropriate market.  Do we look at all of agriculture as a single market
or do we just look at egg producers or pumpkin growers as the market?

Jim Devine wrote:

>
> it depends on one's time frame. Compared to the "good old daze" of the
> 1950s & 1960s, the US economy is currently less monopolistic, not only due
> to globalization but also deregulation of trucking, airplanes, etc., and
> anti-trust (AT&T), along with some technical change.
>
> >Banks have merged, electric companies are merging, gas companies have
> >merged with each other and are merging with the electircs.  Oil, cars,
> >Pentagon favorites, etc. etc.
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx