Cartels: Challenge to a Free World
By Wendell Berge
2000/05 - Beard Books - Business Classic
1587980134 - Paperback - Reprint - 274 pp.
This sobering book makes known that if there is to be a free and productive economy in the U.S. or free exchange of goods in the world markets, the power of cartels must be broken.
In the days of Adam Smith, it was possible to measure the wealth of nations in terms of mineral resources, possession of fertile lands, and control of strategic geographical areas. Today we have a new index of wealth and security of nations: technology and applied science. So begins Wendell Berge's discourse on cartels. With the recent Microsoft anti-trust trials, you might think he was talking about current events, but Berge wrote this precis of anti-trust law in 1944. It is amazing how relevant his work is today and the insight it provides into what Berge calls anti-cartel law.
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In 1941, President Roosevelt named Berge Assistant Attorney General, in charge of the criminal division of the Justice Department. In 1947 he returned to private practice in Washington.