List of Tables and Charts

Preface

Part I. The Problem of Power

1. Power and Public Policy
2. Economists and Power

Part II. The Apologetics of Power

3. Operating Efficiency
4. Innovation Efficiency
5. Social Efficiency

Part III. The Political Economy of Power: A Historical Perspective

6. The Revolution of 1776: American Government
7. The Revolution of 1776: British Economic Policy

Part IV. Competition and the Control of Power

8. The Role of Antitrust
9. Cartels
10. Monopoly
11. The Merger Problem
12. Horizontal Mergers and Joint Ventures
13. Vertical Mergers
14. Conglomerate Mergers
15. The Limitations of Antitrust

Part V. Government Intervention and Private Power

16. The Regulation of Power
17. Airlines: Regulation and Deregulation
18. The Limits of Deregulation
19. The Protection of Power
20. The Bailout of Power

Part VI. The Coalescence of Power

21. The Labor-Industrial Complex
22. The "Sports-Industrial" Complex

Part VII. Public Policy Alternatives

23. The Neo-Darwinist Vision
24. The Neoliberal Vision
25. A Public Philosophy

Notes

Index