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The Historic Failure of the Chicago School of Antitrust Mark Glick
Antitrust and Economic History: The Historic Failure of the Chicago School of Antitrust Mark Glick1 Working Paper No. 95 May 2019 ABSTRACT This paper presents an historical analysis of the antitrust laws. Its central contention is that the history of antitrust can only be understood in light of U.S. economic history and the succession of dominant economic policy regimes that punctuated that history. The antitrust laws and a subset of other related policies have historically focused on the negative consequences resulting from the rise, expansion, and dominance of big business. Antitrust specifically uses competition as its tool to address these problems. The paper traces the evolution of the emergence, growth and expansion of big business over six economic eras: the Gilded Age, the Progressive Era, the New Deal, the post-World War II Era, the 1970s, and the era of neoliberalism. It considers three policy regimes: laissez-faire during the Gilded Age and the Progressive Era, the New Deal, policy regime from the Depression through the early 1970s, and the neoliberal policy regime that dominates today and includes the Chicago School of antitrust. The principal conclusion of the paper is that the activist antitrust policies associated with the New Deal that existed from the late 1 Professor, Department of Economics, University of Utah. Email: [email protected]. I would like to thank members of the University of Utah Competition Group, Catherine Ruetschlin, Marshall Steinbaum, and Ted Tatos for their help and input. I also benefited from suggestions and guidance from Gérard Duménil’s 2019 seminar on economic history at the University of Utah. -
Committee on Appropriations UNITED STATES SENATE 135Th Anniversary
107th Congress, 2d Session Document No. 13 Committee on Appropriations UNITED STATES SENATE 135th Anniversary 1867–2002 U.S. GOVERNMENT PRINTING OFFICE WASHINGTON : 2002 ‘‘The legislative control of the purse is the central pil- lar—the central pillar—upon which the constitutional temple of checks and balances and separation of powers rests, and if that pillar is shaken, the temple will fall. It is...central to the fundamental liberty of the Amer- ican people.’’ Senator Robert C. Byrd, Chairman Senate Appropriations Committee United States Senate Committee on Appropriations ONE HUNDRED SEVENTH CONGRESS ROBERT C. BYRD, West Virginia, TED STEVENS, Alaska, Ranking Chairman THAD COCHRAN, Mississippi ANIEL NOUYE Hawaii D K. I , ARLEN SPECTER, Pennsylvania RNEST OLLINGS South Carolina E F. H , PETE V. DOMENICI, New Mexico ATRICK EAHY Vermont P J. L , CHRISTOPHER S. BOND, Missouri OM ARKIN Iowa T H , MITCH MCCONNELL, Kentucky ARBARA IKULSKI Maryland B A. M , CONRAD BURNS, Montana ARRY EID Nevada H R , RICHARD C. SHELBY, Alabama ERB OHL Wisconsin H K , JUDD GREGG, New Hampshire ATTY URRAY Washington P M , ROBERT F. BENNETT, Utah YRON ORGAN North Dakota B L. D , BEN NIGHTHORSE CAMPBELL, Colorado IANNE EINSTEIN California D F , LARRY CRAIG, Idaho ICHARD URBIN Illinois R J. D , KAY BAILEY HUTCHISON, Texas IM OHNSON South Dakota T J , MIKE DEWINE, Ohio MARY L. LANDRIEU, Louisiana JACK REED, Rhode Island TERRENCE E. SAUVAIN, Staff Director CHARLES KIEFFER, Deputy Staff Director STEVEN J. CORTESE, Minority Staff Director V Subcommittee Membership, One Hundred Seventh Congress Senator Byrd, as chairman of the Committee, and Senator Stevens, as ranking minority member of the Committee, are ex officio members of all subcommit- tees of which they are not regular members. -
Carl Schurz's Contribution to the Lincoln Legend
Volume 18 No 1 • Spring 2009 Carl Schurz’s Contribution to the Lincoln Legend Cora Lee Kluge LIBRARY OF CONGRESS, LC-5129 CONGRESS, OF LIBRARY LC-9301 CONGRESS, OF LIBRARY Carl Schurz, undated Abraham Lincoln, 1863 mong all the works about of approximately 22,000 words is INSIDE Abraham Lincoln that too long to be a book review and are currently available at the same time surprisingly short Ain this Lincoln bicentennial year, for the well-respected assessment • MKI 25th Anniversary including both new titles and new of Lincoln and his presidency that Banquet and Conference editions of older titles, one contri- it has become. It was republished • Letters of a German in bution that catches our attention repeatedly between 1891 and 1920 the Confederate Army is an essay by Carl Schurz that first and several times since, includ- • Citizens and Those Who appeared in 1891. Written origi- ing at least three times in German Leave, Book Review nally as a response to the Atlantic translation (1908, 1949, 1955), and • Rembering Robert M. Bolz Monthly’s request for a review of now has appeared in new editions • Racial Divides, Book Review the new ten-volume Abraham Lin- (2005, 2007, and twice in 2008), coln: A History by John G. Nicolay and John Hay (1891), this essay Continued on page 11 DIRECTOR’S CORNER Greetings, Friends Our online course “The German- diaries of the Milwaukee panorama American Experience,” a joint project painter F. W. Heine. Second is the and Readers! of the Wisconsin Alumni Asso- project entitled “Language Matters ciation, the Division of Continuing for Wisconsin” (Center for the Study Studies, and the Max Kade Institute, of Upper Midwestern Cultures, MKI, pring is here—almost—and is in full swing. -
John W. Foster, Soldier and Politician by DANIELW
John W. Foster, Soldier and Politician By DANIELW. SNEPP Indiana’s sons have occupied a number of important gov- ernmental offices in Washington and diplomatic posts abroad. No Hoosier, however, has served his country longer or more faithfully than John Watson Foster. His public life spans a half century of diplomatic conflict in which the United States rose to the undisputed position of a world power. In the pres- ent generation, few, except students of diplomatic history and international law, have heard the name of John W. Foster or read his scholarly works on diplomacy and world peace. No published biography has yet recorded his achievements and no monument has been raised to perpetuate his memory. Nevertheless this obscure man was regarded by Ambassador James Bryce as “the most distinguished diplomat of our time,” and by Secretary of State Frelinghuysen as the most valuable man in foreign service in his day. Mr. Foster represented the United States upon more different missions of first rank than any other person, and was accordingly called by Chauncey M. DePew, “the handy-man of the State Department.” Andrew Johnson excepted, Foster served in one capacity or another under every president from Abraham Lincoln to Theodore Roosevelt. Diplomacy was to Foster not merely a calling, it was a profession. This article, however, is concerned only with that part of his life spent in Indiana. Foster’s English ancestry may be traced to the hardy tradespeople on his mother’s side and to the staunch yeoman class on his father’s side. The strain of the depression which followed on the heels of the Napoleonic Wars in England, fell most severely upon the middle class, great numbers of whom migrated to America. -
The Vice Presidential Bust Collection Brochure, S
Henry Wilson Garfield. Although his early political success had design for the American buffalo nickel. More than (1812–1875) ⓲ been through the machine politics of New York, 25 years after sculpting the Roosevelt bust, Fraser Daniel Chester French, Arthur surprised critics by fighting political created the marble bust of Vice President John 1886 corruption. He supported the first civil service Nance Garner for the Senate collection. THE Henry Wilson reform, and his administration was marked by epitomized the honesty and efficiency. Because he refused to Charles G. Dawes American Dream. engage in partisan politics, party regulars did not (1865–1951) VICE PRESIDENTIAL Born to a destitute nominate him in 1884. Jo Davidson, 1930 family, at age 21 he Prior to World War I, BUST COLLECTION Sculptor Augustus Saint-Gaudens originally walked to a nearby Charles Dawes was a declined to create Arthur’s official vice presidential town and began a lawyer, banker, and bust, citing his own schedule and the low business as a cobbler. Wilson soon embarked on politician in his native commission the Senate offered. Eventually he a career in politics, and worked his way from the Ohio. During the war, reconsidered, and delivered the finished work in Massachusetts legislature to the U.S. Senate. In a he became a brigadier politically turbulent era, he shifted political parties 1892. One of America’s best known sculptors, Saint-Gaudens also created the statue of Abraham general and afterwards several times, but maintained a consistent stand headed the Allied against slavery throughout his career. Wilson was Lincoln in Chicago’s Lincoln Park and the design reparations commission. -
Congressional Record-8Enate. .7175
1914. CONGRESSIONAL RECORD-8ENATE. .7175 By l\fr. WEBB: Petition of sundry citizens of Catawba, Gas The proceedings referred to are as follows: ton, Union, Wayne, and Ramseur Counties, all in the State of PROCEEDINGS AT THE UNVEILING OF THE STATUE OF ZAClllRIAR North Carolina, favoring national prohibition; to the Commitree CHANDLER, STA'J.'UARY HALL, UNITED STATES CAPITOL, MONDAY, .Tt:iNE on the Judiciary. ~0, 1913, 11 O'CLOCK A. M. By Mr. WILLIAMS: Petition of 7,000 citizens of congressional Senator WILLIAM ALDEN SMITH, of Michigan (chairman}. districts 1 to 10 of the State of Illinois, ..;;>rotesting against The service which we have met here to perform will be opened nation-wide prohibition; to the Committee on the Judiciary. with prayer by the Rev. Henry N. Couden, D. D., of Port Huron, By Mr. WILLIS: Petition of the National Automobile Cham Mich., Chaplain of the House of Representatives. ber of Commerce, of New York City, against the interstate t-rade commission bill; to the Committee on Interstate and Fo:- OPENING PRAYER. ei rn Commerce. The Chaplain of the House of Representatives, Rev. Henry .A lso, petition of Frank HUff and 4 other citizens of Findlay, N. Coud€n, D. D., offered the following prayer: Ohio, against national prohibition; to the Oommittee on the Great God, our King and our Father, whose spirit penades Judiciary. all spn.ee with rays divine, a \ery potent factor in shaping and By Mr. WILSON of New York: Petition of the United Socie guiding the progress of men and of nations ·::hrough all the ties for Local Self-Government of Chicago, Ill., and dtizens of vicissitudes of the past, we rejoice that the long struggle for N'ew York, agrunst national prohibition; to the Committee on civil, political, and religious rights culminated in a Nation the .Judiciary. -
George Edmunds of Vermont: Republican Half-Breed
As much as any U. S. Senator of the post-Civil War genera tion, George F. Edmunds represents the character, ideas, and influence of a particular wing of the Republican Party.... George Edmunds of Vermont: Republican Half-Breed By RICHARD E. WELCH, JR. AMONG the major New England politicians of the post-Civil War J-\. generation, one of the more elusive is George F. Edmunds of Vermont. A United States senator torm 1866 to 1891, he was recognized by leaders of both parties as one of the hardest workers iri the senate and perhaps its ablest constitutional lawyer. After his retirement from politics, he was a highly successful corporation lawyer, a prominent spokesman for the Anti-Imperialist movement of 1898-1900, and a family monarch until his death in 1919 at the age of ninety-one. His was a full and an active life, but it has received little attention from historians. There exists no biography of Edmunds, nor even a biographi cal notice later than the publication of the Dictionary of American Biography in 1931. He has faded into the shadow-land reserved for the footnote figures of American history. One reason for this is the absence of a collection of "Edmunds Papers." There is a strong correlation between the size of a man's documentary legacy and the fascination he holds for historians. Ed munds left orders that all his personal papers be burned upon his death, and they were. There are, of course, other possible reasons for Edmunds' neglect by the historical profession. The biographer who seeks a colorful subject would not find Edmunds attractive. -
Simon Cameron Papers [Finding Aid]. Library of Congress
Simon Cameron Papers A Finding Aid to the Collection in the Library of Congress Manuscript Division, Library of Congress Washington, D.C. 2009 Contact information: http://hdl.loc.gov/loc.mss/mss.contact Additional search options available at: http://hdl.loc.gov/loc.mss/eadmss.ms010084 LC Online Catalog record: http://lccn.loc.gov/mm80014845 Prepared by Manuscript Division Staff Collection Summary Title: Simon Cameron Papers Span Dates: 1738-1919 Bulk Dates: (bulk 1860-1880) ID No.: MSS14845 Creator: Cameron, Simon, 1799-1889 Extent: 8,000 items ; 28 containers plus 1 oversize ; 12 linear feet ; 22 microfilm reels Language: Collection material in English Location: Manuscript Division, Library of Congress, Washington, D.C. Summary: Financier, United States secretary of war, United States senator from Pennsylvania, and diplomat. Correspondence, diary, account books, notebooks, speeches, business and legal records, and printed material primarily relating to Pennsylvania and national politics and to Cameron's business enterprises. Selected Search Terms The following terms have been used to index the description of this collection in the Library's online catalog. They are grouped by name of person or organization, by subject or location, and by occupation and listed alphabetically therein. People Cameron, J. D. (James Donald), 1833-1918--Correspondence. Cameron, Simon, 1799-1889. Dana, Charles A. (Charles Anderson), 1819-1897--Correspondence. Grant, Ulysses S. (Ulysses Simpson), 1822-1885--Correspondence. Lincoln, Abraham, 1809-1865--Correspondence. Organizations United States. Congress (29th, 1st session : 1845-1846) United States. Congress (29th, 2nd session : 1846-1847) United States. Congress. Senate. United States. War Department. Subjects Business enterprises--Pennsylvania. Diplomatic and consular service, American. -
“Mcconnell Majorities” in Supreme Court Decision-Making
PRESIDENT-SHOPPING FOR A NEW SCALIA: THE ILLEGITIMACY OF “MCCONNELL MAJORITIES” IN SUPREME COURT DECISION-MAKING J. Stephen Clark* WASHINGTON, June 29—By the slimmest of margins, the Supreme Court today ended its decades of protecting abortion rights and overruled Roe v. Wade,1 the 1973 decision that established abortion as a constitutional right.2 The breaking news one day in June 2019 is the demise of Roe v. Wade. By a vote of 5-4, the Supreme Court has overruled the precedent and left the protection of abortion rights to the sole discretion of lawmakers. There had been no majority for such a decision until President Trump had the chance to make two appointments to the Court. One of those appointees wrote the majority opinion. Perhaps fittingly, the author of the opinion was the successor to the late Justice Antonin Scalia, who strove for this goal more vigorously than any member of the Court since 1973. Of course, every supporter of abortion rights realizes that the Trump appointee now sits on the High Court only because President Obama’s nominee for the same seat was ignored by the Senate for eleven months. The overruling of Roe is directly traceable to that stonewalling and its mastermind—the majority leader, Senator Mitch McConnell of Kentucky. Why should supporters of abortion rights accept the legitimacy of a Court decision handed down by a bare majority that owes its fifth vote to Mitch McConnell’s Supreme Court Justice? The answer is that they would not, nor should they. Contrary to McConnell’s repeated claims, his posture of determined inaction * Professor of Law, Albany Law School. -
Martin Van Buren National Historic Site
M ARTIN VAN BUREN NATIONAL HISTORIC SITE ADMINISTRATIVE HISTORY, 1974-2006 SUZANNE JULIN NATIONAL PARK SERVICE U.S. DEPARTMENT OF THE INTERIOR NORTHEAST REGION HISTORY PROGRAM JULY 2011 i Cover Illustration: Exterior Restoration of Lindenwald, c. 1980. Source: Martin Van Buren National Historic Site ii TABLE OF CONTENTS List of Illustrations vii Acknowledgements ix Introduction 1 Chapter One: Recognizing Lindenwald: The Establishment Of Martin Van Buren National Historic Site 5 Chapter Two: Toward 1982: The Race To The Van Buren Bicentennial 27 Chapter Three: Saving Lindenwald: Restoration, Preservation, Collections, and Planning, 1982-1987 55 Chapter Four: Finding Space: Facilities And Boundaries, 1982-1991 73 Chapter Five: Interpreting Martin Van Buren And Lindenwald, 1980-2000 93 Chapter Six: Finding Compromises: New Facilities And The Protection of Lindenwald, 1992-2006 111 Chapter Seven: New Possibilities: Planning, Interpretation and Boundary Expansion 2000-2006 127 Conclusion: Martin Van Buren National Historic Site Administrative History 143 Appendixes: Appendix A: Martin Van Buren National Historic Site Visitation, 1977-2005 145 Appendix B: Martin Van Buren National Historic Site Staffi ng 147 Appendix C: Martin Van Buren National Historic Site Studies, Reports, And Planning Documents 1936-2006 151 Bibliography 153 Index 159 v LIST OF ILLUSTRATIONS Figure 1.1. Location of MAVA on Route 9H in Kinderhook, NY Figure 1.2. Portrait of the young Martin Van Buren by Henry Inman, circa 1840 Library of Congress Figure 1.3. Photograph of the elderly Martin Van Buren, between 1840 and 1862 Library of Congress Figure 1.4. James Leath and John Watson of the Columbia County Historical Society Photograph MAVA Collection Figure 2.1. -
Information to Users
INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly fi'om the original or copy submitted- Thus, some thesis and dissertation copies are in typewriter face, while others may be from aity type of conçuter printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print, colored or poor quality illustrations and photographs, print bleedthrough, substandard margins, and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages, these will be noted. Also, if unauthorized copyright material had to be removed, a note will indicate the deletion. Oversize materials (e.g., maps, drawings, charts) are reproduced by sectioning the original, beginning at the upper left-hand comer and continuing from left to r i^ t in equal sections with small overlaps. Each original is also photographed in one exposure and is included in reduced form at the back of the book. Photographs included in the original manuscript have been reproduced xerographically in this copy. Higher quality 6" x 9" black and white photographic prints are available for any photographs or illustrations appearing in this copy for an additional charge. Contact UMI directly to order. UMI University Microfilms International A Bell & Howell Information Company 300 North Zeeb Road. Ann Arbor. Ml 48106-1346 USA 313/761-4700 800/521-0600 Order Number 9427761 Lest the rebels come to power: The life of W illiam Dennison, 1815—1882, early Ohio Republican Mulligan, Thomas Cecil, Ph.D. -
H. Doc. 108-222
THIRTY-NINTH CONGRESS MARCH 4, 1865, TO MARCH 3, 1867 FIRST SESSION—December 4, 1865, to July 28, 1866 SECOND SESSION—December 3, 1866, to March 3, 1867 SPECIAL SESSION OF THE SENATE—March 4, 1865, to March 11, 1865 VICE PRESIDENT OF THE UNITED STATES—ANDREW JOHNSON, 1 of Tennessee PRESIDENT PRO TEMPORE OF THE SENATE—LAFAYETTE S. FOSTER, 2 of Connecticut; BENJAMIN F. WADE, 3 of Ohio SECRETARY OF THE SENATE—JOHN W. FORNEY, of Pennsylvania SERGEANT AT ARMS OF THE SENATE—GEORGE T. BROWN, of Illinois SPEAKER OF THE HOUSE OF REPRESENTATIVES—SCHUYLER COLFAX, 4 of Indiana CLERK OF THE HOUSE—EDWARD MCPHERSON, 5 of Pennsylvania SERGEANT AT ARMS OF THE HOUSE—NATHANIEL G. ORDWAY, of New Hampshire DOORKEEPER OF THE HOUSE—IRA GOODNOW, of Vermont POSTMASTER OF THE HOUSE—JOSIAH GIVEN ALABAMA James Dixon, Hartford GEORGIA SENATORS SENATORS REPRESENTATIVES Vacant Vacant Henry C. Deming, Hartford REPRESENTATIVES 6 Samuel L. Warner, Middletown REPRESENTATIVES Vacant Augustus Brandegee, New London Vacant John H. Hubbard, Litchfield ARKANSAS ILLINOIS SENATORS SENATORS Vacant DELAWARE Lyman Trumbull, Chicago Richard Yates, Jacksonville REPRESENTATIVES SENATORS REPRESENTATIVES Vacant Willard Saulsbury, Georgetown George R. Riddle, Wilmington John Wentworth, Chicago CALIFORNIA John F. Farnsworth, St. Charles SENATORS REPRESENTATIVE AT LARGE Elihu B. Washburne, Galena James A. McDougall, San Francisco John A. Nicholson, Dover Abner C. Harding, Monmouth John Conness, Sacramento Ebon C. Ingersoll, Peoria Burton C. Cook, Ottawa REPRESENTATIVES FLORIDA Henry P. H. Bromwell, Charleston Donald C. McRuer, San Francisco Shelby M. Cullom, Springfield William Higby, Calaveras SENATORS Lewis W. Ross, Lewistown John Bidwell, Chico Vacant 7 Anthony Thornton, Shelbyville Vacant 8 Samuel S.