All Posts Tagged With: "big business"

Monopolies in America: Empire Builders and Their Enemies from Jay Gould to Bill Gates by Charles R. Geisst

Oxford University Press • 2000 • 355 pages • $30.00 The current Microsoft court case, hotly debated and full of economic implications, makes a historical study of monopolies and antitrust law very relevant. Unfortunately, business historian Charles Geisst’s Monopolies in America is incomplete and one-sided, mostly reiterating the traditional statist interpretation of big business and [...]

1Apr2001 | | 0 comments | Continued

Illusions of Prosperity: America’s Working Families in an Age of Economic Insecurity

When Joel Blau looks at the United States today, he sees a population of mostly poor, confused, frightened people helplessly in the grip of greedy corporations who extract profits from the hides of workers, welfare recipients, women, and minorities. He sees an environment rendered toxic, communities made lifeless, and a federal government suffering “perpetual deprivation.” [...]

1Nov2000 | | 0 comments | Continued

A Humane Economy

This volume is a beautifully prepared new edition of Wilhelm Röpke’s 1957 classic defense of the market economy and non-interventionist government. Röpke (1899-1966), a renowned German economist, lecturer, and writer, stood with Ludwig von Mises, F.A. Hayek, and a few other intellectuals in the middle decades of this century to warn against the perils of [...]

1May1999 | | 0 comments | Continued

In Restraint of Trade: The Business Campaign Against Competition, 1918–1938

In Restraint of Trade is an excellent book that deserves a large readership among historians, economists, and politicians. Butler Shaffer effectively challenges the traditional historical argument that government during the early 1900s regulated big business in “the public interest.” In truth, as Shaffer ably shows, most businessmen in the 1920s and 1930s wanted government regulation [...]

1May1998 | | 1 comment | Continued

Henry Grady Weaver’s Classic Vision of Freedom

John Hood is the president of the John Locke Foundation in Raleigh, North Carolina. He is the author of The Heroic Enterprise: Business and the Common Good (Free Press, 1996). This essay is an expanded version of Mr. Hood’s introduction to the third edition of The Mainspring of Human Progress by Henry Grady Weaver, published [...]

1Aug1997 | | 0 comments | Continued

Frank Chodorov: Champion of Liberty

Mr. Steelman is a staff writer at the Cato Institute. December 28, 1996, marks the thirtieth anniversary of the death of Frank Chodorov, one of the giants of the American Old Right. It seems appropriate to look back at his life and career, not only to pay homage, but also to rediscover some of the [...]

1Dec1996 | | 1 comment | Continued

Pro Sports on the Dole

Baseball is no longer just a game; it’s big business. Such is the conventional wisdom today. And with salaries skyrocketing to the point where now the average major league baseball player earns $1.2 million a year, who could disagree? However, ever since the first professional team, the Cincinnati Red Stockings, was fielded in 1869, baseball [...]

1Feb1995 | | 0 comments | Continued

A Reviewers Notebook

I have just been reading a number of college textbooks on economics. They contain the standard chapters on monopoly, oligopoly, “monopolistic competition,” “imperfect competition,” “workable competition,” and “administered” prices. And they flash the usual warning signals: let the customer beware of price gouging, of submitting docilely to “all the traffic will bear.” This sort of [...]

1Jun1956 | | 0 comments | Continued
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