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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

Biography

Author Profession: Economist
Nationality: American Quotes
Born: January 26, 1847
Died: March 21, 1938

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