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How has the United States government grown? What political and economic factors have given rise to its regulation of the economy? These eight case studies explore the late-nineteenth- and early twentieth-century origins of government intervention in the United States economy, focusing on the political influence of special interest groups in the development of economic regulation. The Regulated Economy examines how constituent groups emerged and demanded government action to solve perceived economic problems, such as exorbitant railroad and utility rates, bank failure, falling agricultural prices, the immigration of low-skilled workers, workplace injury, and the financing of government. The contributors look at how preexisting policies, institutions, and market structures shaped regulatory activity; the origins of regulatory movements at the state and local levels; the effects of consensus-building on the timing and content of legislation; and how well government policies reflect constituency interests. A wide-ranging historical view of the way interest group demands and political bargaining have influenced the growth of economic regulation in the United States, this book is important reading for economists, political scientists, and public policy experts.

Droit industriel --- Droit économique --- Economisch recht --- Government regulation of commerce --- Industrial law --- Industrial laws and legislation --- Industrie--Législation --- Industrie--Wetgeving --- Industriewetgeving --- Industriële wetgeving --- Law [Industrial ] --- Législation industrielle --- Trade regulation --- Industrial policy --- History --- Industries --- Policies --- Of --- Government --- United States --- E-books --- Regulation of trade --- Regulatory reform --- Commercial law --- Consumer protection --- Deregulation --- History. --- Law and legislation --- Case studies --- Industrial laws and legislation - United States - History. --- Industrial policy - United States - History. --- Industrial policy - United States - Case studies. --- political economy, government, regulation, intervention, special interest, economics, history, nonfiction, constituent groups, workplace injury, labor, immigration, agriculture, bank failure, utility rates, railroads, legislation, trade, industrial policy, politics, illinois constitution, chicago gas industry, taxation, federal deposit insurance, new deal, workers compensation.

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In contemporary American political discourse, issues related to the scope, authority, and the cost of the federal government are perennially at the center of discussion. Any historical analysis of this topic points directly to the Great Depression, the "moment" to which most historians and economists connect the origins of the fiscal, monetary, and social policies that have characterized American government in the second half of the twentieth century. In the most comprehensive collection of essays available on these topics, The Defining Moment poses the question directly: to what extent, if any, was the Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four categories: fiscal and monetary policies, the economic expansion of government, the innovation and extension of social programs, and the changing international economy. The central focus across the chapters is the well-known alternations to national government during the 1930's. The Defining Moment attempts to evaluate the significance of the past half-century to the American economy, while not omitting reference to the 1930's. The essays consider whether New Deal-style legislation continues to operate today as originally envisioned, whether it altered government and the economy as substantially as did policies inaugurated during World War II, the 1950's, and the 1960's, and whether the legislation had important precedents before the Depression, specifically during World War I. Some chapters find that, surprisingly, in certain areas such as labor organization, the 1930's responses to the Depression contributed less to lasting change in the economy than a traditional view of the time would suggest. On the whole, however, these essays offer testimony to the Depression's legacy as a "defining moment." The large role of today's government and its methods of intervention-from the pursuit of a more active monetary policy to the maintenance and extension of a wide range of insurance for labor and business-derive from the crisis years of the 1930's.

Depressions --- United States --- Economic conditions --- Economic policy --- -Depressions --- -United States --- -338.542 --- Commercial crises --- Crises, Commercial --- Economic depressions --- Business cycles --- Recessions --- Economic conditions. --- Economic policy. --- 338.542 --- E-books --- 1929 --- Depressions - 1929 - United States --- United States - Economic conditions --- United States - Economic policy --- great depression, economy, public policy, nonfiction, government, expansion, welfare, assistance, fiscal, monetary, new deal, legislation, labor organization, unions, business, history, deposit insurance, banks, banking, agriculture, federalism, regulation, unemployment compensation, social security, reciprocal trade agreements, smoot-hawley.

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Offering new research on strategic factors in the development of the nineteenth century American economy-labor, capital, and political structure-the contributors to this volume employ a methodology innovated by Robert W. Fogel, one of the leading pioneers of the "new economic history." Fogel's work is distinguished by the application of economic theory and large-scale quantitative evidence to long-standing historical questions. These sixteen essays reveal, by example, the continuing vitality of Fogel's approach. The authors use an astonishing variety of data, including genealogies, the U.S. federal population census manuscripts, manumission and probate records, firm accounts, farmers' account books, and slave narratives, to address collectively market integration and its impact on the lives of Americans. The evolution of markets in agricultural and manufacturing labor is considered first; that concerning capital and credit follows. The demography of free and slave populations is the subject of the third section, and the final group of papers examines the extra-market institutions of governments and unions.

History of North America --- anno 1800-1899 --- United States --- Labor market --- Capital market --- History&delete& --- Congresses --- Economic conditions --- Congresses. --- History, 1809-1901 --- E-books --- Capital markets --- Market, Capital --- Finance --- Financial institutions --- Loans --- Money market --- Securities --- Crowding out (Economics) --- Efficient market theory --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- History --- Supply and demand --- labor market, economics, history, agriculture, manufacturing, capital, credit, slavery, government, unions, regulation, manumission, farming, industrialization, wages, prices, railroads, fertility, slave narratives, wealth, banking, farm tenancy, antebellum, political patronage, women, gender, nonfiction, free blacks, urban politics, construction, interest rates, utah. --- United States of America