In some of my circles I hear a lot about the wickedness of business concentration and the terrible fate of the small businessman or shop owner in a free economy. Here’s an interesting argument to the contrary in the world of publishing. It turns out that Amazon.com, a veritable behemoth, is the best thing that ever happened to small publishers! We all knew this, of course, but it’s nice to see the case laid out. Read the story here.
Source link: http://archive.mises.org/3985/big-company-helps-small-companies/