Bean is an associate history professor at Southern Illinois University and author of
Beyond the Broker State: A History of the Federal Government's Politics towards Small Business, 1936-1961 (1996). He now continues to look at the role government plays in small business with this critical history of the Small Business Administration, which was established in 1953 as a "tiny lending agency." Bean's overriding theme is the contradictory nature of the SBA. Supposedly established to advocate for small-business owners and free enterprise, the agency's biggest support comes from Congress and it is frequently the target of critics of big government. Bean highlights the "corruption, fraud, and incompetence [that has] marred its minority enterprise programs," but he focuses on the "affirmative action" role of the SBA--first as it favored small companies over large ones and later, beginning with the Nixon administration, as it targeted loans to black-owned businesses. Nearly a third of Bean's book is devoted to notes and an extensive bibliography.
David RouseCopyright © American Library Association. All rights reserved
Review
"Powerful argument for killing off the agency and shrewd analysis of the political impulses that make its termination nearly impossible." --
Wall Street Journal, August 7, 2001"Provides a critcal analysis of history of the SBA, which sheds light on the growth of government in the U.S." --
Journal of Economic HistoryA well-written, well-researched study that touches on important issues. --
Wyatt WellsThe first full-length academic assessment of the agency. --
Wall Street Journal