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Quotation of the Day…

Posted By Don Boudreaux On September 22, 2011 @ 9:02 am In Antitrust,History,Trade | Comments Disabled

… is from page 133 of economic historian Stuart Bruchey’s 1988 book The Wealth of the Nation: An Economic History of the United States [1]:

In my view, there is something to be said for the suggestion that the main attention of the Congress during the years 1888-1890 was fixed on the tariff, that discussion of trusts was frequently interwined with it, and that since some opponents of the tariff had raised the cry that the tariff was the “mother of the trusts,” Congress enacted an antitrust bill to weaken opposition to the tariff.

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[1] The Wealth of the Nation: An Economic History of the United States: http://www.amazon.com/Wealth-Nation-Stuart-Weems-Bruchey/dp/0060158549/ref=sr_1_16?ie=UTF8&qid=1316696448&sr=8-16

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