extension to manage, American business. That search, J. Bradford De Long argues, has been a hap- less departure from sound beginnings; Roy C. Smith, however, con- tends that it has helped to create a more competitive U.S. economy.
J. Bradford De Long

hey control the people
through the people's own
money," thundered future
Supreme Court Justice
Louis Brandeis in 1913.
Brandeis, then a Boston corporate lawyer and an adviser to Presi- dent Woodrow Wilson, was trying through a series of a...