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Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire
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Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire
Unavailable
Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire
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Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire

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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.

LanguageEnglish
Release dateJul 14, 2014
ISBN9781400862559
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Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire
Author

Walter Adams

Walter Adams (Pen Name, S.T. Martin) is the author of "Fleur-Darc: A journey toward the Kingdom with St. Thérèse and St. Joan of Arc." Fleur-Darc is a one volume compilation of his previous five books describing his personal journey through the Kingdom that is the Catholic Church using both poetry and prose. His story can be briefly explained using the following metaphor: “Take as your guide those who follow the example we set.” (Phil 3:17) Years ago while lost in some woods, I came across a group of beautiful, graceful, saintly souls journeying happily to a destination I could not then see (Heb 1:14). A young lady with them called me out of the Dark Forest where I was at that time enslaved and dying in a confusion of anarchic philosophies, religious opinions, and deadly self affirmation. She took my hand, caring not that I was sick, and beckoned me into the sunlight where I met her kindred spiritual sister, a warrior. Together these two encouraged me to follow their troupe through the valleys, over the mountains, across the bridges (Song of Songs 2:8-10), and toward a Kingdom (Matthew 6:33; John 18:36) ruled by a God-man, Jesus Christ, Lord and Savior of the human race. At His side was Mary, Queen of heaven and earth (Rev 12:1), His mother and therefore the Mother of God (Luke 1:43), Mediatrix of all graces (Gen 3:15; Luke 1:26-55, John 2:1-11), and our mother by adoption, too (Gal 4:4-5; Rev 12:13-17). From a distance as we came to the crest of a mountain, I could see that inside the Kingdom there was a joyful celebration (Rev 7:9-12) as huge gates opened to welcome multitudes of other, fellow travelers nearing the grand land and who were themselves accompanied by heavenly friends. The saintly soul who called me out of the Dark Forest was St. Therese of Lisieux (Matthew 25:21). Her kindred spiritual sister, the warrior, was St. Joan of Arc. They were sent by the Queen of Heaven to beckon me out of the dark place and to lead me to her that I might rightfully know her, by Divine Order of the Son, as my sovereign Queen and Mother. Together these sisterly souls lovingly guided, protected, and cared for me on our journey (Phil 3:17; Heb 1:14). The narrow but awe inspiring pathway over which we traveled was called the Trail of the Dogmatic Creed (Heb 13:8-9a). Along the way of the Dogmatic Creed, at a specific moment, all manner of evil left me and chains that had held me bound in the Dark Forest for years fell to the ground, and I was free (Mark 5:1-20; Luke 6:44). The saintly sister who cooperated with the Queen and her Son in freeing me from this bondage was St. Joan of Arc (Luke 9:1-2). Together, my two saintly sisters and I continue to make our way along the trail with the loving, motherly care of Mary (John 19:26-27). This Kingdom we seek is the Immaculate Heart of Mary (Rev 12:1), its gateway is Calvary (Mark 8:34), and it is through that gateway into her heart that Our Lord sits in His majesty. My mission is to recount in poetry, prose, or devotional expressions our adventures and how all this came about. It is the story of the Divine Order of the saints who lead us to Mary and Mary who leads us to Jesus Christ. It is this Jesus Christ, and only Him, who can then lead us to the Father. There is no other (Heb 13:8). It is the story of my journey through the dogmas, creeds, and doctrines of the Roman Catholic Church. It is a journey that continues to unfold each day. StM

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