All Posts Tagged With: "Alcoa"

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Andrew Mellon: The Entrepreneur as Politician

Rarely do spectacular entrepreneurs leave their realm of business for the political arena. One exception is Andrew Mellon, the third-wealthiest American of his era, who left a dazzling career in American industry to become secretary of treasury under Presidents Warren Harding, Calvin Coolidge, and Herbert Hoover. Mellon established his career in Pittsburgh as a successful [...]

1Dec2008 | Burton W. Folsom Jr. | 4 comments | Continued

Another Alcoa Executive at Treasury

When President-elect George W. Bush chose Paul H. O’Neill, chairman of the world’s largest aluminum manufacturer, to be his secretary of the treasury, Bush said, “it’s important for me to find somebody who has vast experience, who has a steady hand, and when he speaks, speaks with authority and conviction and knowledge.” If O’Neill turns out to be half as good as the other Alcoa executive who once occupied the same cabinet post, he’ll do the country great service.

1Jun2001 | Lawrence W. Reed | 0 comments | Continued

The Microsoft Case: Divestiture Won’t Help Consumers

D. T. Armentano is professor emeritus in economics at the University of Hartford and author of Antitrust and Monopoly (Independent Institute) and Antitrust: The Case for Repeal (Mises Institute). Critics of Microsoft, rallied by Judge Thomas Penfield Jackson’s finding that the company has monopoly power over much of the computer industry, have urged a breakup [...]

1Apr2000 | D. T. Armentano | 0 comments | Continued

The Bully that Acts Like a Hero

Harold Jones teaches at Mercer University’s Eugene W. Stetson School of Business and Economics in Macon, Georgia. In 1995 President Clinton established what he called “Operation Restore Trust,” a Health and Human Services initiative aimed at wiping out fraud and abuse in the health-care industry. According to the administration, only terrorism surpassed health-care fraud as [...]

1Mar1999 | Harold B. Jones Jr. | 0 comments | Continued
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