The New Deal and the Problem of Monopoly

By Ellis W. Hawley,

Book cover of The New Deal and the Problem of Monopoly: A Study in Economic Ambivalence

Book description

A re-issue of this classic study of President Roosevelt's adminstrative policy toward monopoly during the period of the New Deal, updated with a new introduction by the author.

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Why read it?

1 author picked The New Deal and the Problem of Monopoly as one of their favorite books. Why do they recommend it?

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.  

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