Description
This book provides edited selections of primary source material in the intellectual history of competition policy from Adam Smith to the present day. Chapters include classical theories of competition, the U.S. founding era, classicism and neoclassicism, progressivism, the New Deal, structuralism, the Chicago School, and post-Chicago theories. Although the focus is largely on Anglo-American sources, there is also a chapter on European Ordoliberalism, an influential school of thought in post-War Europe. Each chapter begins with a brief essay by one of the editors pulling together the important themes from the period under consideration.
Table of Contents
AcknowledgmentsIntroductionChapter 1. Classical TheoriesAdam Smith, The Wealth of NationsDavid Ricardo, Principles of Political Economy and TaxationJohn Stuart Mill, Principles of Political Economy Chapter 2. Federalism, Antifederalism, and JacksonianismMax Farrand, Records of the Federal Convention of 1787Agrippa, To the PeopleAlexander Hamilton, ContintentalistThomas Cooley, Limits to State Control of Private BusinessChapter 3. Classicism, Neoclassicism, and the Sherman ActAlfred Marshall, Principles of EconomicsArthur Twining Hadley, Economics: An Account of the Relations Between Private Property and Public WelfareHenry Rand Hatfield, The Chicago Trust Conference (of 1899)Chapter 4. Progressivism and the 1912 ElectionTheodore Roosevelt, The Trusts, the People, and the Square DealWilliam Howard Taft, We Must Get Back to CompetitionWoodrow Wilson, The Tariff and the TrustsChapter 5. Imperfect, Monopolistic, and Workable CompetitionEdward Chamberlin, The Theory of Monopolistic CompetitionJoan Robinson, The Economics of Imperfect CompetitionJohn Maurice Clark, Toward a Concept of Workable CompetitionChapter 6. The New Deal and the InstitutionalistsAdolf A. Berle and Gardiner C. Means, The Modern Corporation and Private PropertyLouis Brandeis, The Curse of BignessRexford Tugwell, The Industrial Discipline and the Governmental ArtsThurman Arnold, The Bottlenecks of BusinessChapter 7. Antitrust After PopulismRichard Hofstadter, What Happened to the Antitrust Movement?Chapter 8. Ordoliberalism and the Freiburg SchoolFranz Böhm, Walter Eucken & Hans Grossmann-Doerth, The Ordo Manifesto of 1936Franz Böhm, Democracy and Economic PowerChapter 9. Competition and InnovationJoseph Schumpeter, Capitalism, Socialism and DemocracyKenneth Arrow, Economic Welfare and the Allocation of Resources for Invention Chapter 10. StructuralismJoe Bain, Industrial Organization Carl Kaysen and Donald Turner, Antitrust Policy: An Economic and Legal Analysis The Neal Report (1967)Chapter 11. The Chicago SchoolGeorge Stigler, The Organization of Industry Aaron Director and Edward Levi, Law the Future: Trade RegulationRobert H. Bork, The Antitrust ParadoxRichard A. Posner, The Chicago School of Antitrust AnalysisChapter 12. Transactions Costs Economics and the Post-Chicago MovementOliver Williamson, Markets and Hierarchies: Analysis and Antitrust ImplicationsF.M. Scherer, Conservative Economics and Antitrust: A Variety of InfluencesHerbert Hovenkamp, Post-Chicago Antitrust: A Review and Critique
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