Includes bibliographical references (pages 309-321) and index.
Legal reasoning, antitrust policy, and the social "science" of economics / John J. Flynn -- Antitrust, law and economics, and the courts / Louis Kaplow -- The modernization of antitrust : a new equilibrium / Eleanor M. Fox.
What happened to the antitrust movement? / Richard Hofstadter -- The origin of the Sherman Act / George J. Stigler -- Legislative intent and the policy of the Sherman Act / Robert H. Bork -- Wealth transfers as the original and primary concern of antitrust : the efficiency interpretation challenged / Robert H. Lande -- The Sherman Act and the balance of power / David Millon -- The "rule of reason" in antitrust law : property logic in restraint of competition / Rudolph J. Peritz -- The Sherman Act and the classical theory of competition / Herbert Hovenkamp -- Antitrust policy : an economic and legal analysis / Carl Kaysen and Donald F. Turner -- The Chicago school of antitrust analysis / Richard A. Posner -- An antitrust enforcement policy to maximize the economic wealth of all consumers / Charles F. Rule and David L. Meyer.
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This book examines the legislative history and the political economy of the Sherman Antitrust Act--the main federal statute that regulates economic activity in the United States. Tracing the evolution of the antitrust movement in the United States since 1890, this collection of essays examines the role of government in regulating markets, and the balance it and its critics seek between the goal of limited government and the protection of free, open and competitive markets, With markets today being more international in nature and the world economy being globalized, Americans need to rethink ho.