Linked below is an interesting article that suggests an alternative (but well within solid economic reasoning) way of thinking about the fascinating topic of monopolies, cartels, and price fixing. “Cartels as Efficient Market Structures” by Pascal Salin After reading the above article by Professor Salin, and from a little research on your own, address the following questions in a three to five page paper: In what ways can market cartels be understood as market structures that improve productive processes and increase the value of production? How can cartels be viewed as competitive organizations rather than anti-competitive ones? Competition implies winners and losers. Who are the winners and losers in serious cartel situations? What implications does Salin’s article have for the future of antitrust rules? http://www.mises.org/journals/rae/pdf/rae9_2_2.pdf