The Progressive Bridge : Reform Sentiment in the United States Between the New Freedom and the New Deal Robert S
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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. -
Student's Name
California State & Local Government In Crisis, 6th ed., by Walt Huber CHAPTER 6 QUIZ - © January 2006, Educational Textbook Company 1. Which of the following is NOT an official of California's plural executive? (p. 78) a. Attorney General b. Speaker of the Assembly c. Superintendent of Public Instruction d. Governor 2. Which of the following are requirements for a person seeking the office of governor? (p. 78) a. Qualified to vote b. California resident for 5 years c. Citizen of the United States d. All of the above 3. Which of the following is NOT a gubernatorial power? (p. 79) a. Real estate commissioner b. Legislative leader c. Commander-in-chief of state militia d. Cerimonial and political leader 4. What is the most important legislative weapon the governor has? (p. 81) a. Line item veto b. Full veto c. Pocket veto d. Final veto 5. What is required to override a governor's veto? (p. 81) a. Simple majority (51%). b. Simple majority in house, two-thirds vote in senate. c. Two-thirds vote in both houses. d. None of the above. 6. Who is considered the most important executive officer in California after the governor? (p. 83) a. Lieutenant Governor b. Attorney General c. Secretary of State d. State Controller 1 7. Who determines the policies of the Department of Education? (p. 84) a. Governor b. Superintendent of Public Instruction c. State Board of Education d. State Legislature 8. What is the five-member body that is responsible for the equal assessment of all property in California? (p. -
Thomas Jefferson and the Ideology of Democratic Schooling
Thomas Jefferson and the Ideology of Democratic Schooling James Carpenter (Binghamton University) Abstract I challenge the traditional argument that Jefferson’s educational plans for Virginia were built on mod- ern democratic understandings. While containing some democratic features, especially for the founding decades, Jefferson’s concern was narrowly political, designed to ensure the survival of the new republic. The significance of this piece is to add to the more accurate portrayal of Jefferson’s impact on American institutions. Submit your own response to this article Submit online at democracyeducationjournal.org/home Read responses to this article online http://democracyeducationjournal.org/home/vol21/iss2/5 ew historical figures have undergone as much advocate of public education in the early United States” (p. 280). scrutiny in the last two decades as has Thomas Heslep (1969) has suggested that Jefferson provided “a general Jefferson. His relationship with Sally Hemings, his statement on education in republican, or democratic society” views on Native Americans, his expansionist ideology and his (p. 113), without distinguishing between the two. Others have opted suppressionF of individual liberties are just some of the areas of specifically to connect his ideas to being democratic. Williams Jefferson’s life and thinking that historians and others have reexam- (1967) argued that Jefferson’s impact on our schools is pronounced ined (Finkelman, 1995; Gordon- Reed, 1997; Kaplan, 1998). because “democracy and education are interdependent” and But his views on education have been unchallenged. While his therefore with “education being necessary to its [democracy’s] reputation as a founding father of the American republic has been success, a successful democracy must provide it” (p. -
Mere Libertarianism: Blending Hayek and Rothbard
Mere Libertarianism: Blending Hayek and Rothbard Daniel B. Klein Santa Clara University The continued progress of a social movement may depend on the movement’s being recognized as a movement. Being able to provide a clear, versatile, and durable definition of the movement or philosophy, quite apart from its justifications, may help to get it space and sympathy in public discourse. 1 Some of the most basic furniture of modern libertarianism comes from the great figures Friedrich Hayek and Murray Rothbard. Like their mentor Ludwig von Mises, Hayek and Rothbard favored sweeping reductions in the size and intrusiveness of government; both favored legal rules based principally on private property, consent, and contract. In view of the huge range of opinions about desirable reform, Hayek and Rothbard must be regarded as ideological siblings. Yet Hayek and Rothbard each developed his own ideas about liberty and his own vision for a libertarian movement. In as much as there are incompatibilities between Hayek and Rothbard, those seeking resolution must choose between them, search for a viable blending, or look to other alternatives. A blending appears to be both viable and desirable. In fact, libertarian thought and policy analysis in the United States appears to be inclined toward a blending of Hayek and Rothbard. At the center of any libertarianism are ideas about liberty. Differences between libertarianisms usually come down to differences between definitions of liberty or between claims made for liberty. Here, in exploring these matters, I work closely with the writings of Hayek and Rothbard. I realize that many excellent libertarian philosophers have weighed in on these matters and already said many of the things I say here. -
Robert H. Jackson: How a “Country Lawyer”
FEATURES Antitrust , Vol. 27, No. 2, Spring 2013. © 2013 by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be copied or disseminated in any form or by any means or stored in an electronic database or retrieval system without the express written consent of the American Bar Association. too brief to complete this task. That was left to his successor, Thurmond Arnold, who served as head of the Division for five years, from March 1938 until March 1943, and whose story we will pick up in our next article in this series. World War I and the Sudden Decline of Antitrust Enforcement As the United States was slowly drawn into the First World War, Woodrow Wilson shifted his attention from domestic to interna - tional issues and to expanding war production to win the war. The war quickly overwhelmed any interest his administration might otherwise have had in strong antitrust enforcement. Appropria - tions for antitrust at the Department of Justice fell by two-thirds, from $300,000 in 1914 to $100,000 in 1919. 2 New case filings TRUST BUSTERS dropped even faster, from 22 in 1913 to just two in 1916. 3 The FTC made some effort to take up the slack, filing 64 restraint of trade cases in 1918 and 121 in 1919. 4 But unlike the head - Robert H. Jackson: line-capturing cases the Taft administration had brought under the Sherman Act to break up huge trusts like International How a “Country Lawyer” Harvester and U.S. Steel, these FTC cases mostly involved ver - tical restraints of trade imposed by small companies not critical Converted Franklin to the war effort. -
Richard T. Ely and Woodrow Wilson at “The Hopkins”
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 The Shaping of a Future President’s Economic Thought Richard T. Ely and Woodrow Wilson at “The Hopkins” F CLIFFORD F. THIES AND GARY M. PECQUET homas Woodrow Wilson (1856–1924) was the first and is still the only president oftheUnitedStatestoholdanearneddoctoraldegree.HisPh.D.wasawarded T by the Johns Hopkins University (“The Hopkins”) in 1886. He was also the president of an institution of higher education and, unique among U.S. -
Wilson's New Freedom
p0538-543aspe-0517s5 10/17/02 8:54 AM Page 538 Wilson’s New Freedom MAIN IDEA WHY IT MATTERS NOW Terms & Names Woodrow Wilson established The passage of the Nineteenth •Carrie Chapman •Federal Reserve a strong reform agenda as a Amendment during Wilson’s Catt System progressive leader. administration granted women •Clayton Antitrust •Nineteenth the right to vote. Act Amendment •Federal Trade Commission (FTC) One American's Story On March 3, 1913, the day of Woodrow Wilson’s inauguration, 5,000 woman suffragists marched through hostile crowds in Washington, D.C. Alice Paul and Lucy Burns, the parade’s organizers, were members of the National American Woman Suffrage Association (NAWSA). As police failed to restrain the rowdy gathering and congressmen demanded an investi- gation, Paul and Burns could see the momentum building for suffrage. By the time Wilson began his campaign for a second term in 1916, the NAWSA’s president, Carrie Chapman Catt, saw victory on the horizon. Catt expressed her optimism in a letter to her friend Maud Wood Park. A PERSONAL VOICE CARRIE CHAPMAN CATT “ I do feel keenly that the turn of the road has come. I really believe that we might pull off a campaign which would mean the vote within the ▼ next six years if we could secure a Board of officers who would have sufficient Carrie Chapman Catt momentum, confidence and working power in them. Come! My dear Mrs. Park, gird on your armor once more.” —letter to Maud Wood Park Catt called an emergency suffrage convention in September 1916, and invit- ed President Wilson, who cautiously supported suffrage. -
Gold Democrats and the Decline of Classical Liberalism, 1896–1900
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 Gold Democrats and the Decline of Classical Liberalism, 1896–1900 —————— ✦ —————— DAVID T. BEITO AND LINDA ROYSTER BEITO n 1896 a new political party was born, the National Democratic Party (NDP). The founders of the NDP included some of the leading exponents of classical I liberalism during the late nineteenth century. Few of those men, however, fore- saw the ultimate fate of their new party and of the philosophy of limited government that it championed. -
1 Chapter 1 California's People, Economy, and Politics
CHAPTER 1 CALIFORNIA'S PEOPLE, ECONOMY, AND POLITICS: YESTERDAY, TODAY, AND TOMORROW Like so much else about California, our state's politics appears to change constantly, unpredictably, and even inexplicably. Politicians seem to rise and fall more because of their personalities and campaign treasuries than because of their policies or political party ties. The governor and the legislature appear to be competing with one another rather than solving our problems. Multibillion-dollar campaigns ask voters to make decisions about issues that seem to emerge from nowhere only to see many overturned by the courts. Some Californians are confused or dis- illusioned by all of this and disdain politics and political participation. But however unpredictable or even disgusting California politics may appear, it is serious business that affects us all. And despite its volatility, California can be understood by examining its history and its present characteristics, especially its changing population and economy. Wave after wave of immigrants has made California a diverse, multicultural society , while new technologies have repeatedly transformed the state's economy. The resulting disparate ethnic and economic interests compete for the benefits and protections conferred by government thus shape the state's politics. But to understand California today-and tomorrow- we need to know a little about its past and about the development of these competing interests. COLONIZATION, REBELLION, AND STATEHOOD The first Californians were probably immigrants like the rest of us. Archaeologists believe that the ancestors of American Indians crossed 1 over the Bering Strait from Asia thousands of years ago and then headed south. By 1769, about three hundred thousand Native Americans were living mostly near the coast of what is now California, while the Spaniards were colonizing the area with missions and military outposts. -
Stewart L. Udall Oral History Interview – JFK #1, 1/12/1970 Administrative Information
Stewart L. Udall Oral History Interview – JFK #1, 1/12/1970 Administrative Information Creator: Stewart L. Udall Interviewer: W.W. Moss Date of Interview: January 12, 1970 Length: 28 pp. Biographical Note Udall was the Secretary of the Interior for the President Kennedy and President Johnson Administrations (1961-1969). This interview focuses on Udall’s political background, his first impressions of Senator John F. Kennedy, Labor Relations of 1958, and the 1960 presidential nomination, among other issues. Access Restrictions No restrictions. Usage Restrictions According to the deed of gift signed March 17, 1981, copyright of these materials have been assigned to the United States Government. Users of these materials are advised to determine the copyright status of any document from which they wish to publish. Copyright The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Under certain conditions specified in the law, libraries and archives are authorized to furnish a photocopy or other reproduction. One of these specified conditions is that the photocopy or reproduction is not to be “used for any purpose other than private study, scholarship, or research.” If a user makes a request for, or later uses, a photocopy or reproduction for purposes in excesses of “fair use,” that user may be liable for copyright infringement. This institution reserves the right to refuse to accept a copying order if, in its judgment, fulfillment of the order would involve violation of copyright law. The copyright law extends its protection to unpublished works from the moment of creation in a tangible form. -
How California's Fiscal Crisis Became a War On
“They Want to Destroy Me”: How California’s Fiscal Crisis Became A War on “Big Government Unions” Daniel J. B. Mitchell In 2003, California voters recalled their governor and elected movie actor Arnold Schwarzenegger in his place. Two crises triggered this event: large ongoing state budget deficits and a failed electricity deregula- tion plan. In his first year, Governor Schwarzenegger dealt with the budget through large-scale borrow- ing and had a reasonably cooperative relationship with the legislature. But in 2005, with the budget still in deficit, he threatened to go to the voters with a budget solution. That decision somehow morphed into a gubernatorial campaign against “big government unions.” Ultimately, after vast sums were spent on a November 2005 special election, all the governor’s initiatives lost, including one offering “paycheck pro- tection” to public union members. The decision to antagonize unions seemed to result from excess delega- tion of authority by the governor to outsiders and lack of control of his own staff. California, with a population of 37 million, is by far the largest state in the nation.1 It is also a place where trends have often been set in fashion, enter- tainment, and politics. For that reason, folks who want to create a national buzz around some issue look to California as a place to begin, or accelerate, the process. Soon after the business cycle peaked in 2001, California developed a fiscal crisis that produced stalemate and political intrigue. With regard to its budget- ary dilemma, California was not a trendsetter. Many states had similar problems when their economies—and related tax revenues—turned down. -
Military Neoliberalism: Endless War and Humanitarian Crisis in the Twenty-First Century Michael Schwartz Stony Brook State University
Societies Without Borders Volume 6 | Issue 3 Article 3 2011 Military Neoliberalism: Endless War and Humanitarian Crisis in the Twenty-First Century Michael Schwartz Stony Brook State University Follow this and additional works at: https://scholarlycommons.law.case.edu/swb Part of the Human Rights Law Commons, and the Social and Behavioral Sciences Commons Recommended Citation Schwartz, Michael. 2011. "Military Neoliberalism: Endless War and Humanitarian Crisis in the Twenty-First Century." Societies Without Borders 6 (3): 190-303. Available at: https://scholarlycommons.law.case.edu/swb/vol6/iss3/3 This Article is brought to you for free and open access by the Cross Disciplinary Publications at Case Western Reserve University School of Law Scholarly Commons. It has been accepted for inclusion in Societies Without Borders by an authorized administrator of Case Western Reserve University School of Law Scholarly Commons. Schwartz: Military Neoliberalism: Endless War and Humanitarian Crisis in th M. Schwartz/Societies Without Borders 6:3 (2011) 190-303 Military Neoliberalism: Endless War and Humanitarian Crisis in the Twenty-First Century Michael Schwartz Stony Brook State University Received January 2011; Accepted August 2011 ______________________________________________________ Abstract This article seeks to understand the dynamics of twenty-first century military intervention by the United States and its allies. Based on an analysis of Bush and Obama administration policy documents, we note that these wars are new departures from previous interventions, calling on the military to undertake post-conflict reconstruction in ways that was previously left to indigenous government or to the civilian aspects of the occupation. This military-primary reconstruction is harnessed to ambitious neoliberal economics aimed at transforming the host country’s political economy.