Ocupation: Economist
Life: October 15, 1908 - April 29, 2006
Birthday: October 15
Death: April 29
Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
source: John Kenneth Galbraith (2015). “The New Industrial State”, p.226, Princeton University Press
topic: Imperfect, Incompetence, Oligopoly