The limit is not as narrow as it might be. I do not claim for this action, as it now goes on, an ideal degree of efficiency. What I do claim is that this type of competition already reveals its nature and its ultimate power to hold seeming monopolies in check.
-- John Bates Clark
   
John Bates Clark   Name:
John Bates Clark
Type:
Economist
Nationality:
American
Birth:
January 26, 1847
Death:
March 21, 1938
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