In the first half of this study, Clark analyzes the conceptions, growth and purposes of social control as well as the legal aspects of formal and informal institutions that serve as agencies of control. The second half deals with public utilities and trusts including a section on New Deal experimentation in state control and on the development of totalitarianism abroad. "In social economics, Clark ... explored the fundamental legal-economic nexus of society in a non-ideological manner." The New Palgrave/
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