Baseball’s antitrust exemption, currently the subject of fierce political backlash, has long been a historical curiosity. Why has a professional sports league enjoyed a...
Since the Civil War, dominant firms have widely and repeatedly used exclusive agreements to exert, expand, and fortify their market power. History shows that...
The 1930s were a difficult time for classical liberals. In response to the Great Depression, the federal government undertook a massive expansion of its...
Before the civil rights movement captured the nation’s attention, activists and community groups were protesting against exploitative credit and exclusionary lending practices rooted in...
In an excerpt from his new book, Ages of American Capitalism, economic historian Jonathan Levy explains how "financiers blew up the postwar industrial corporation...
During the Second World War, economists at Iowa State College published a pamphlet titled “Putting Dairying on a War Footing,” which would later come...