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The Abolition of Antitrust F First Edition Thus Edition

4 out of 5 stars 6 customer reviews
ISBN-13: 978-0765802828
ISBN-10: 0765802821
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Editorial Reviews

Review

"The essays in this book present a sustained economic, historical, moral, and legal broadside against the various federal statutes known as antitrust doctrine. They explode the cherished myths underlying the antitrust laws, and expose their intellectual fountainhead in a morality of self-sacrifice that is incompatible with individual rights, free enterprise, and objective law. With the publication of this text, businessmen, lawyers, economists, policy makers, legislators, and judges finally have access to a systemic critique of the antitrust laws. From here on, if antitrust continues to violate the rights of businessmen and to ravage the American economy, it is not for lack of knowing how and why."

—Adam Mossoff, Assistant Professor of Law, Michigan State University

About the Author

Gary Hull is director of the Program on Values and Ethics in the Marketplace (VEM) at Duke University, and has taught philosophy and business ethics at the Fuqua School of Business, Whittier College, and the Claremont Graduate School. He is coeditor of The Ayn Rand Reader.

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Product Details

  • Hardcover: 176 pages
  • Publisher: Transaction Publishers; F First Edition Thus edition (May 5, 2005)
  • Language: English
  • ISBN-10: 0765802821
  • ISBN-13: 978-0765802828
  • Product Dimensions: 6.4 x 0.7 x 9.3 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #3,750,960 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Hardcover
Each essay in this book is very well structured and very enlightening; going into depth on issues that the best books on general economics that I've read only touch the surface of.

Tearing apart the flawed philosophical foundation of many of the prevailing erroneous economic theories that plague us today; this book exposes a great deal of falsehoods widely accepted as fact. Such as the myth of the "robber barons".

I strongly recommend it to anyone with an interest in economics, history, politics and/or philosophy.
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Format: Paperback Verified Purchase
Just as a person cannot engage in immoral acts indefinitely without damaging his life, a government cannot continuously engage in immoral acts for over 100 years without becoming increasingly corrupt. If you want to understand why the men and women who run your government more resemble carnival hustlers than statesmen, read this book. In it Gary Hull and 6 other intellectuals ranging from economists to historians to philosophers examine and describe how the United States government starting in the 1880's changed from the protector of the individual rights of its citizens, it's only legitimate function, to the destroyer of those rights. For anyone interested in rational understanding Dr. Hull et al provide rock solid arguments for how and why Anti-Trust legislation came into being, why it was wrong to begin with, why it is so destructive and most importantly why it is so unjust.
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Format: Hardcover
The book consists of a series of essays covering the economic, historical, legal, and philosophical cases for the elimination of antitrust law. Particularly noteworthy, in my opinion, was the chapter by Richard M. Salsman entitled "The False Profits of Antitrust" in which he traces the attitude of economics and economists to profits, capitalists, and entrepreneurs over the last few centuries. According to Salsman the attitude is largely negative and profits (and thus capitalists) are expected ideally not to be there. This obscene view appears to still be the norm today. Editor Gary Hull's essay is also important in that it shows in the clearest terms that Antitrust laws punish successful businesses for their virtues (increased productivity and innovation) and are therefore profoundly unjust.

Also helpful were Eric Daniel's historical tracing of the concept of monopoly in England and America, Thomas Bowden's detailed and informative discussion of contract law and its relation to antitrust law. Harry Binswanger reviews issues familiar to Objectivists in terms of the "economic vs political power" -- only the second can constitute a violation of rights.

If you want to read the best case for the abolition of antitrust look no further.
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