Overview
"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 editions preserve the original texts of these important books while presenting them in durable paperback and hardcover 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."
Full Product Details
Author: Walter Adams ,
James W. Brock
Publisher: Princeton University Press
Imprint: Princeton University Press
Volume: 4515
Dimensions:
Width: 12.70cm
, Height: 1.00cm
, Length: 20.30cm
Weight: 0.255kg
ISBN: 9780691631646
ISBN 10: 0691631646
Pages: 148
Publication Date: 19 April 2016
Audience:
College/higher education
,
Professional and scholarly
,
Tertiary & Higher Education
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Language: English
Reviews
Critically examines, in an innovative and lighthearted fashion, the economic justification of the Chicago style approach to antitrust... The book is extremely well documented... Its fast pace and wit make for quite enjoyable reading. --Southern Economic Journal
"""Critically examines, in an innovative and lighthearted fashion, the economic justification of the Chicago style approach to antitrust... The book is extremely well documented... Its fast pace and wit make for quite enjoyable reading.""--Southern Economic Journal"
