The Making of Competition Policy: Legal and Economic Sources

Hardcover | February 19, 2013

EditorDaniel A. Crane, Herbert Hovenkamp

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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 pullingtogether the important themes from the period under consideration.

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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 th...

Daniel A. Crane is Professor of Law at the University of Michigan Law School, where he teaches contracts, antitrust, and legislation and regulation. He was formerly Professor of Law at the Benjamin N. Cardozo School of Law, Visiting Professor at NYU and the University of Chicago, and a Fulbright Scholar at the Universidade Catolica Por...

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Format:HardcoverDimensions:512 pages, 10 × 7 × 0.98 inPublished:February 19, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199782792

ISBN - 13:9780199782796

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Table of Contents

AcknowledgmentsIntroduction1. Classical TheoriesAdam Smith,: The Wealth of NationsDavid Ricardo: Principles of Political Economy and TaxationJohn Stuart Mill: Principles of Political Economy2. Federalism, Antifederalism, and JacksonianismMax Farrand: Records of the Federal Convention of 1787Agrippa: To the PeopleAlexander Hamilton: ContintentalistThomas Cooley: Limits to State Control of Private Business3. 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)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 Trusts5. Imperfect, Monopolistic, and Workable CompetitionEdward Chamberlin: The Theory of Monopolistic CompetitionJoan Robinson: The Economics of Imperfect CompetitionJohn Maurice Clark: Toward a Concept of Workable Competition6. 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 Business7. Antitrust After PopulismRichard Hofstadter: What Happened to the Antitrust Movement?8. Ordoliberalism and the Freiburg SchoolFranz B"hm, Walter Eucken and Hans Grossmann-Doerth: The Ordo Manifesto of 1936Franz B"hm: Democracy and Economic Power9. Competition and InnovationJoseph Schumpeter: Capitalism, Socialism and DemocracyKenneth Arrow: Economic Welfare and the Allocation of Resources for Invention10. StructuralismJoe Bain: Industrial OrganizationCarl Kaysen and Donald Turner: Antitrust Policy: An Economic and Legal AnalysisThe Neal Report (1967)11. The Chicago SchoolGeorge Stigler: The Organization of IndustryAaron Director and Edward Levi: Law the Future: Trade RegulationRobert H. Bork: The Antitrust ParadoxRichard A. Posner: The Chicago School of Antitrust Analysis12. 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