Notes, References, & Selected Bibliography

1. Wayne Leeman, "The Limitations of Price Cutting As A Barrier to Local Entry," Journal of Political Economy. December, 1956; Robert Masters, "An Alternative Concept of Competition," The IREC Review Vol. II No. 5.;
John S. McGee, "Predatory Price-Cutting: The Standard Oil (N.J.) Case," The Journal of Law and Economics. (October, 1958, pp. 137-169);
Yale Brozen, "Is Government the Source of Monopoly?" The Intercollegiate Review. (vol. V no. 2, pp. 67-78).
We have even seen this in a relative way on an international scale with the breakdown in effectiveness of the OPEC cartel in recent years. Seeking to gain even more revenues, various members refused to limit production and sold oil at prices below that set by the cartel. Indeed, it has been suggested that OPEC never would have had much power to keep oil prices high in the first place if there had not been domestic price controls and a myriad of regulations and taxes imposed on our domestic energy industries. Cf. George Reisman, The Government Against the Economy, (Appleton, 1979).

2. The terms "monopoly" and "competition" are somewhat vague & elusive in that they are hard to define outside of rather narrow, artificial, and more-or-less arbitrary assumptions. Acknowledging the problems of ambiguity in these concepts, the term "monopoly" is used in this article loosely to mean a situation in which one seller fully dominates his particular market because competition is barred from that field.

3. Gabriel Kolko, The Triumph of Conservatism, (Quadrangle Books, 1967,
pp. 4-5.)

4. Ibid, p. 3.

5. Antony Sutton, Wall Street and FDR, (Arlington House, 1975).

6. Ralph Nader, The Monopoly Makers: Ralph Nader's Study Group Report
on Regulations and Competition. (Grossman Publishers, 1973).

7. Milton Friedman, on Donahue, a TV program originating in Chicago.

8. Gary Allen, The Rockefeller File, (Concord Press, 1974).

9. Ludwig von Mises, Human Action, (Chicago, 3ed Rev. Edition, 1966),
pp. 808-809.

10. Murray Rothbard, "Bankers Conspire," MoneyWorld (Winter, 1987);
Antony Sutton, Wall Street and FDR (Arlington House, 1975); Sutton, Wall
Street and the Bolshevik Revolution (Arlington House, 1974(; Sutton,
Wall Street and the Rise of Hitler (76 Press, 1976).

11. Carroll Quigley, Tragedy and Hope (Macmillan, 1966), pp. 950-951.

12. Ibid.

13. Ibid.

14. Ibid.
 
 
 
 
 
 

18

15. Dan Smoot, The Invisible Government. (Belmont, Mass., Western
Islands, 1967).

16. Smoot, Op. cit.; Cf., Frederick Lewis Allen, Morgan the Great.
(Life magazine, April 25, 1949); Quigley, op cit. Cleon Skousen, The Naked Capitalist (1970); Gary Allen, None Dare Call It Conspiracy,
(Concord Press, 1971); Gary Allen, The Rockefeller File, (Concord Press,
1974). G. William Domhoff, The Powers That Be: Processes of Ruling
Class Domination in America. (New York, Vintage Books, 1978); G. William Domhoff, Who Rules America? (Englewood Cliffs, N.J., Prentice-Hall, 1967).

17. Murray Rothbard, "The Conspiracy Theory of History Revisited,"
Reason (April 1977).

18. Ibid.

19. Ron Paul, from a May 1981 press release issued by the office of
Congressman Ron Paul.
 
 
 
 

19
 
 

BIBLIOGRAPHY
 
 

Allen, Frederick Lewis. Morgan the Great. Life magazine,
April 25, 1949.

Allen, Gary. None Dare Call It Conspiracy. Seal Beach,
Calif.: Concord Press, 1971.

Allen, Gary. The Rockefeller File. Seal Beach, Calif.:
Concord Press, 1974.

Birmingham, Stephen. Our Crowd. New York: Dell Books,
1967.

Brozen, Yale. "Is Government the Source of Monopoly?" The
Intercollegiate Review. vol. V no. 2, pp. 67-78.

Domhoff, G. William. The Powers That Be: Processes of
Ruling Class Domination in America. New York, Vintage
Books, 1978.

Domhoff, G. William. Who Rules America? Englewood Cliffs,
N.J.: Prentice-Hall, 1967.

Hansl, Proctor. Years of Plunder New York: Smith & Haas,
1935.

Kolko, Gabriel. Railroads and Regulations 1877-1916.
Princeton University Presss, 1965.

Kolko, Gabriel. The Triumph of Conservatism. Chicago:
Quadrangle Books, 1967.

Leeman, Wayne. "The Limitations of Price Cutting As A
Barrier to Local Entry," Journal of Political Economy.
December, 1956.

Lundberg, Ferdinand. America's 60 Families. New York:
Vanguard, 1938.

Lundberg, Ferdinand. The Rich and the Super Rich. New York:
Lyle Stuart, 1968.
 
 
 
 
 
 
 

20
 
 

Masters, Robert. "An Alternative Concept of Competition,"
The IREC Review Vol. II No. 5.

McGee, John S. "Predatory Price-Cutting: The Standard Oil
(N.J.) Case," The Journal of Law and Economics. October,
1958, pp. 137-169.

Mills, C. Wright. The Power Elite. New York: Oxford
University Press, 1956.

Myers, Gustavus. History of the Great American Fortunes. New York: Random House, 1936.

Nader, Ralph. The Big Boys: Power and Position in American
Business. New York: Pantheon Books, 1986.

Nader, Ralph. The Monopoly Makers: Ralph Nader's Study
Group Report on Regulations and Competition. Grossman
Publishers, 1973.

Navarro, Peter. The Policy Game. New York: John Wiley &
Sons, Inc., 1984.

Quigley, Carroll. Tragedy and Hope: A History of the World
in Our Time. New York: Macmillan, 1966.

Quirk, William J. "A Cross of Paper," The New Republic,
January 19, 1980.

Skousen, W. Cleon. The Naked Capitalist. (centerfold not included)
 

(c) Copyright 1987 & 1999 Sam Wells
 
 

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"Robber Barons" & Exploitative Monopolies which system fosters them & which discourages them?