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 ClarkAbout author
- Author's profession: Economist
- Nationality: american
- Born: January 26, 1847
- Died: March 21, 1938