All Posts Tagged With: "corporation"
The Rise of Big Business and the Growth of Government
Most people learn about the relation between the rise of big business and the growth of government in the form of what amounts to a morality play. In the most widely disseminated version, presented in nearly every American history textbook, the emergence of big business (playing the role of the devil) is said to have [...]
19Aug2009 | Robert Higgs | 28 comments | ContinuedCapital Letters
Are Corporations Islands of “Calculational Chaos”? According to Kevin Carson (“Hierarchy or the Market,” The Freeman, April 2008), a private business corporation is in effect “an island of calculational chaos in the market economy.” . . . Carson writes, “Those at the top make decisions concerning a production process about which they likely know as [...]
1Sep2008 | FEE Admin | 1 comment | ContinuedA 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 | John Chamberlain | 0 comments | ContinuedA Reviewers Notebook
Morris L. Ernst, the well-known civil liberties lawyer, has written a bland and sunny-tempered book in Utopia: 1976 (305 pp., New York: Rinehart, $3.50). A “glandular optimist,” as he describes himself, Mr. Ernst looks forward to 20 years of practically unmitigated progress in material invention, economic expansion, and the productive and re-creative uses of leisure. [...]
1Feb1956 | John Chamberlain | 0 comments | Continued-
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