What happens when there are substantial barriers to entry _and_ there is collusi... | Hacker News

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mc32 on July 5, 2012 | parent | context | favorite | on: Lie More, as a Business Model

What happens when there are substantial barriers to entry _and_ there is collusion; how would "laissez-faire" economics deal with it, in timeliness which would make it tenable for actual people.

I'm actually curious to know.

politician on July 6, 2012 [–]

Well, the French Revolution solved the problem in a bit over three years. Perhaps that's a model worth investigating?

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