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Profit, Power, and Policy
- Written by: BKNL Productions LLC
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Professors Bill Keep and Nancy Lasher defend the benefits of competitive markets while exposing business behaviors that undercut the type of competition originally described by the 18th century philosopher Adam Smith. Smith warned that businesses would be naturally inclined toward collusion and anti-competitive behaviors. He had no way of knowing the role money would eventually play in shaping politics and policies.
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