Antitrust Economics on Trial

A Dialogue on the New Laissez-Faire

Autor: James W. Brock, Walter Adams

Język:

Oprawa: Miękka

Wydawca: Princeton University Press

Dostępność: Dostępna u dostawcy

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Is it the central purpose of American antitrust policy to encourage decentralization of economic pow...

Informacje o książce

Autor

James W. Brock, Walter Adams

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2014

strony

148

EAN

9780691602073

ISBN

0691602077

Enbook ID

04642282

Wydawca

Princeton University Press

Waga

142

Wymiary

127 x 203 x 8

Pełny opis

Is it the central purpose of American antitrust policy to encourage decentralization of economic power? Or is it to promote "consumer welfare"? Is there a painful trade-off between market dominance and economic "efficiency"? What is the proper role of government in this area? In recent years the public policy debate on these core questions has been marked by a cacophony of divergent opinions--theorists against empiricists, apostles of the "new learning" against defenders of the traditional structure-conduct-performance paradigm, "laissez-faire" advocates against "interventionists." Utilizing a distinctively innovative format, Walter Adams and James Brock examine these issues in the context of a courtroom dialogue among a proponent of the new learning (Chicago School), a prosecuting attorney, and a U.S. district judge. In contrast to bloodless "scientific" treatises or ideologically inspired polemical tracts, this book lays bare the central arguments in the debate about free-market economics and the latent assumptions and disguised terminology on which those arguments are based. The dialogue is both gripping and entertaining--designed by the authors to be reminiscent at times of the Theater of the Absurd. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

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Antitrust Economics on Trial

A Dialogue on the New Laissez-Faire

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