When Economics Faces the Economy: John Bates Clark and the 1914 Antitrust Legislation

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

The aim of this paper is to analyze John Bates Clark's influence in the passing of the Clayton and Federal Trade Commission Acts of 1914. It is argued that Clark was important to the passage of these acts in two ways. First, he exercised an indirect influence by discussing in academic journals and books problems concerning trusts, combinations, and the measures necessary to preserve the working of competitive markets. At least as importantly, Clark took an active role in the reform movement, both contributing to draft proposals for the amendment of existing antitrust legislation and providing help and advice during the Congressional debates that led to the passage of the FTC and Clayton Acts. © 2013 Copyright Taylor and Francis Group, LLC.
Original languageEnglish
Pages (from-to)139-163
Number of pages25
JournalReview of Political Economy
Volume25
Publication statusPublished - 2013

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance (miscellaneous)
  • Political Science and International Relations

Fingerprint

Dive into the research topics of 'When Economics Faces the Economy: John Bates Clark and the 1914 Antitrust Legislation'. Together they form a unique fingerprint.

Cite this