Walter Brooks

Jan 11, 2024 | shepherd.com | Jonathan Baker |Walter Brooks |Ellis W. Hawley |Kurt Wiese

This detailed historical narrative ably recounts the zig-zags in government policy toward large firms during the New Deal and the concomitant debates among advocates of regulation, antitrust, and laissez-faire. Modern antitrust can be understood as emerging during the 1940s to resolve the 1930s policy struggles successfully. Today’s antitrust policy debate may seem new and fresh, but it often echoes the divergent positions taken during the 1930s.