Railroads and regulation, 1877-1916
by Gabriel Kolko, Kolko · first published 1965
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An earlier draft was submitted as a doctoral thesis to the History Dept. of Harvard University. Bibliography: p. 241-264.
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…forgetting how important tariffs were in United States history), land law acts and railroad subsidies, with heavy political collusion. After you're done with that book, I suggest you read Gabriel Kolko's Railroads and Regulation, 1877-1916 to get a fuller picture. Ironically, the author was a member of the New Left.
on “Goldman Sachs May Be Forced to Fundamentally Question How Capitalism Is Working” ↗I seriously doubt the story that government stepped in to stop railroads from colluding on prices. In Railroads and Regulation: 1877-1916, Gabriel Kolko shows that before government regulation, more railroad companies were being founded over time, that freight costs were decreasing, and that government intervention happened because the…
on “Big Tech is America’s new railroad problem (2019)” ↗