EP23: The Behemoth Feasts
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EP23: The Behemoth Feasts
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On this episode of METALOMICS, we discuss the phenomenon of monopoly and how monopolistic markets behave. What can we expect in a monopolistic market? What is the effect on consumers? The quality of the goods and services sold? The price? The quantity? How would a monopoly behave in the market for concert tickets? What if, for all intents and purposes, you could only buy concert tickets from just one seller? What if everyone who attended a concert gained access from the same entity? What if, in the dimly lit concert hall, it is more than the music that brought everyone together? What great power, what great responsibility. To borrow a sentiment from Tolkien, this one entity would have the power to rule them all, to find them, to bring them all, and in the darkness bind them.
Economics is Metal!
Music: xBound in Bloodx - If It’s a Mess
Follow the Band: xBound in Bloodx
Hosts: Josh Goddard & David Ingram
https://metalomicspodcast.com/
https://www.instagram.com/metalomics/