You got your head in the sand on this one bud. Analogies stretched thin, historical anecdotes with no contemporary context, just plain glib misunderstanding.. I can't even call this article wrong, so I guess it's perfect! 10/10 you win
One wonders if you read it. The point is that as the market share of the firm increases, they internalize more positive externalities. Innovation is the biggest positive externality, so naturally I reviewed the primary evidence on that; the historical studies were to illustrate this tendency in the past.
You got your head in the sand on this one bud. Analogies stretched thin, historical anecdotes with no contemporary context, just plain glib misunderstanding.. I can't even call this article wrong, so I guess it's perfect! 10/10 you win
One wonders if you read it. The point is that as the market share of the firm increases, they internalize more positive externalities. Innovation is the biggest positive externality, so naturally I reviewed the primary evidence on that; the historical studies were to illustrate this tendency in the past.
And what things did I misunderstand?