Monopolies, Trusts And Kartells (1905)

""Monopolies, Trusts and Kartells"" is a book written by Francis Wrigley Hirst in 1905. The book explores the emergence of monopolies, trusts, and kartells in the late 19th and early 20th centuries. Hirst examines the economic, political, and social implications of these large-scale organizations and their impact on competition, innovation, and consumer welfare. He also delves into the historical context of these organizations, tracing their evolution from earlier forms of business consolidation and examining the legal and regulatory framework that allowed them to emerge and thrive. Throughout the book, Hirst argues that while monopolies and trusts may offer certain benefits, such as economies of scale and reduced competition, they ultimately harm society by stifling innovation, raising prices, and limiting consumer choice. ""Monopolies, Trusts and Kartells"" remains a seminal work on the subject and is still widely read and cited today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.