| Oligopolists increase price by distorting output decisions, causing cross-firm production inefficiencies. |
| But the oligopolists of culture are running out of alternatives. |
| We show that there exists a time-independent tax rule that guides polluting oligopolists to achieve the socially optimum production path. |
| We derive corrective tax rules when firms are oligopolists whose production processes generate emissions that add to a stock of pollution that accumulates over time. |
| Explicit pricing agreements are illegal, so oligopolists must depend on tacit understandings to maintain pricing discipline. |
| I conjectured that this might not be so in a world of Rothschild's oligopolists acting according to Clausewitz's Principles of War. |
