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The Letters of John Sherman and the Origins of Antitrust

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  • Troesken, Werner

Abstract

This paper presents a survey of the letters of Senator John Sherman, who pushed for passage of the first federal antitrust law in the United States. By placing these letters in historical context, this paper helps resolve a debate about Sherman's true intentions in creating an antitrust law. In particular, Sherman's letters reveal that he was more concerned with protecting the interests of small and inefficient businesses than with protecting the interests of consumers. Copyright 2002 by Kluwer Academic Publishers

Suggested Citation

  • Troesken, Werner, 2002. "The Letters of John Sherman and the Origins of Antitrust," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 15(4), pages 275-295, December.
  • Handle: RePEc:kap:revaec:v:15:y:2002:i:4:p:275-95
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    Cited by:

    1. Patrick Newman, 2018. "Revenge: John Sherman, Russell Alger and the origins of the Sherman Act," Public Choice, Springer, vol. 174(3), pages 257-275, March.
    2. Christopher Coyne & Russell Sobel & John Dove, 2010. "The non-productive entrepreneurial process," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 333-346, December.
    3. Werner Troesken, 2010. "Competition and Corruption: Lessons from 150 Years of Industrial Governance," Working Paper 426, Department of Economics, University of Pittsburgh, revised Jan 2010.
    4. Daniel J. Smith & Macy Scheck, 2023. "Examining the public interest rationale for regulating whiskey with the pure food and drugs act," Public Choice, Springer, vol. 196(1), pages 85-122, July.

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