...this note: "The rise of the 'heavy industries,' changes in methods of selling, and the widening use of corporate forms of business organization are bringing,...already brought, the era of competitive capitalism to a close." But another professor, an ex-head of the American Economic Association, John Maurice Clark,...

...outstanding book on this subject in recent years, "The Decline of Competition", begins on this note: "The rise of the 'heavy industries,' changes in methods of selling, and the widening use of corporate forms of business organization are bringing, if they have not already brought, the era of...

...Burns, stated that — The rise of heavy industries, changes in methods of selling, and widening use of corporate forms of business organization are bringing,...already brought, the era of competitive capitalism to a close. The CHAIRMAN. Does he still have that view? Mr. NATHAN. Well, I do not know. I doubt whether...

...then chairman of the Federal Reserve Board during the Nixon administration, was impelled to write: "The rise of the 'heavy industries,' changes in methods...already brought, the era of competitive capitalism to a close."9 Despite such an informed and indeed accurate observation, conventional economic and political...

...outstanding book on this subject in recent years, "The Decline of Competition", begins on this note: "The rise of the 'heavy industries/ changes in methods of selling, and the widening use of corporate forms of business organization are bringing, if they have not already brought, the era of...