This book contains a series of interpretive essays on the most dramatic aspects of American economic growth during the last century--the sweeping technological and organizational changes in manufacturing and agriculture and their profound economic and social consequences. The overall focus is the maturing of the American economy from a classic market economy, based primarily on small units of production and private enterprise, through the growth of industrialism and the structural transformation of the economy, to the modern mixed economy with its complex array of giant corporations and labor unions and greatly expanded government sector. The chapters are organized thematically. A distinctive feature of the book is the use of illustrative case studies in each chapter.

A radically new interpretation of the Progressive Era which argues that business leaders, and not the reformers, inspired the era’s legislation regarding business.

Political scientist Samuel DeCanio examines how political elites used high levels of voter ignorance to create a new type of regulatory state with lasting implications for American politics. Focusing on the expansion of bureaucratic authority in late-nineteenth-century America, DeCanio’s exhaustive archival research examines electoral politics, the Treasury Department’s control over monetary policy, and the Interstate Commerce Commission’s regulation of railroads to examine how conservative politicians created a new type of bureaucratic state to insulate policy decisions from popular control.

Railroad brotherhoods' dynamic impact on American labor relations and national politics

This book examines the concern of a variety of interest groups with federal policy toward railroads, concentrating on the crucial years during World War I when the federal government ran the industry, and prior to the passage of the Transportation Act of 1920. Through extensive archival research, James A. Kerr describes the political dealings among those involved in railroad-government relations: labor leaders; shippers; railroad executives; and financiers; and analyzes the motivations that influenced policymaking.

No enterprise is so seductive as a railroad for the influence it exerts, the power it gives, and the hope of gain it offers.—Poor's Manual of Railroads (1900) At its peak, the railroad was the Internet of its day in its transformative impact on American life and law. A harbinger and promoter of economic empire, it was also the icon of a technological revolution that accelerated national expansion and in the process transformed our legal system. James W. Ely Jr., in the first comprehensive legal history of the rail industry, shows that the two institutions-the railroad and American law-had a profound influence on each other. Ely chronicles how "America's first big business" impelled the creation of a vast array of new laws in a country where long-distance internal transport had previously been limited to canals and turnpikes. Railroads, the first major industry to experience extensive regulation, brought about significant legal innovations governing interstate commerce, eminent domain, private property, labor relations, and much more. Much of this development was originally designed to serve the interests of the railroads themselves but gradually came to contest and control the industry's power and exploitative tendencies. As Ely reveals, despite its great promise and potential as an engine of prosperity and uniter of far-flung regions, the railroad was not universally admired. Railroads uprooted people, threatened local autonomy, and posed dangers to employees and the public alike-situations with unprecedented legal ramifications. Ely explores the complex and sometimes contradictory ways in which those ramifications played out, as railroads crossed state lines and knitted together a diverse nation with thousands of miles of iron rail. Epic in its scope, Railroads and American Law makes a complex subject accessible to a wide range of readers, from legal historians to railroad buffs, and shows the many ways in which a powerful industry brought change and innovation to America.