Law and Economic Policy in America: The Evolution of the Sherman Antitrust ACT

William Letwin’s thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the ＂correct＂ level of competition in the economy. This is a superb history and complete analysis of the Act, from its English and American common law antecedents to the events that led to the first revisions of the Act in the form of the Clayton Antitrust and Federal Trade Commission Acts.

William Letwin is chairman of the Department of Political Science at the London School of Economics and Political Science.