Economists' blogs

Who’s to Blame for Out-Of-Control Corporate Power?    One man is...

Who’s to Blame for Out-Of-Control Corporate Power?    One man is especially to blame for why corporate power is out of control. And I knew him! He was my professor, then my boss. His name… Robert Bork.Robert Bork was a notorious conservative who believed the only legitimate purpose of antitrust — that is, anti-monopoly — law is to lower prices for consumers, no matter how big corporations get.

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