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The Late Emerging Consensus Among American Economists on Antitrust Laws in The Second New Deal

hal.structure.identifierInstitut de Recherche Interdisciplinaire en Sciences Sociales [IRISSO]
dc.contributor.authorKirat, Thierry
HAL ID: 736110
ORCID: 0000-0001-9681-6765
hal.structure.identifierGroupe de Recherche en Droit, Economie et Gestion [GREDEG]
dc.contributor.authorMarty, Frédéric
HAL ID: 181371
ORCID: 0000-0003-4091-8572
dc.date.accessioned2019-07-26T10:11:32Z
dc.date.available2019-07-26T10:11:32Z
dc.date.issued2019
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/19512
dc.language.isoenen
dc.subjectAntitrusten
dc.subjectEfficiencyen
dc.subjectEconomic Poweren
dc.subjectInstitutional Economicsen
dc.subjectChicago Schoolen
dc.subject.ddc330en
dc.subject.classificationjelN.N4.N42en
dc.subject.classificationjelL.L4.L40en
dc.subject.classificationjelK.K2.K21en
dc.subject.classificationjelB.B2.B25en
dc.titleThe Late Emerging Consensus Among American Economists on Antitrust Laws in The Second New Dealen
dc.typeDocument de travail / Working paper
dc.description.abstractenThis paper presents the late convergence process from US economists that led them to support a strong antitrust enforcement in the late thirties despite their long standing distrust toward this legislation. The 1945 Alcoa decision crafted by Judge Hand embodied the results of this convergence. The purpose of antitrust law enforcement does not consist in promoting economic efficiency, as today’s more economic approach advocates, but in searching for a reasonable compromise aiming at preventing improper uses of economic power. This paper presents the path from which institutionalist economists, on one side, and Chicagoan neoliberals, on the other one, have converged on supporting the President F.D. Roosevelt administration towards reinvigorating antitrust law enforcement as of 1938, putting aside their initial preferences for a regulated competition model or for laissez-faire.en
dc.publisher.nameCIRANOen
dc.publisher.cityMontréalen
dc.identifier.citationpages41en
dc.relation.ispartofseriestitleCIRANO - Cahiers scientifiquesen
dc.relation.ispartofseriesnumber2019s-12en
dc.contributor.countryeditoruniversityotherFRANCE
dc.subject.ddclabelEconomie politiqueen
dc.identifier.citationdate2019
dc.description.ssrncandidatenonen
dc.description.halcandidateouien
dc.description.readershiprechercheen
dc.description.audienceInternationalen
dc.date.updated2019-06-18T12:53:44Z
hal.identifierhal-02195179*
hal.version1*
hal.update.actionupdateFiles*
hal.author.functionaut
hal.author.functionaut


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