This is a great biography of the man who was both the steam ship captain for Gibbons of Ogden v. Gibbons fame and arguably the first private monopolist in the United States. Provides a lot of information and support for the popular hatred of both public and private monopoly prior to the Gilded age that produced the Sherman Act and ammunition against those who seek to minimize the significance of Section 2 of the Sherman Act versus cartel enforcement.
Tuesday, October 30, 2012
The First Tycoon
This is a great biography of the man who was both the steam ship captain for Gibbons of Ogden v. Gibbons fame and arguably the first private monopolist in the United States. Provides a lot of information and support for the popular hatred of both public and private monopoly prior to the Gilded age that produced the Sherman Act and ammunition against those who seek to minimize the significance of Section 2 of the Sherman Act versus cartel enforcement.
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