The Curse of Bigness: Antitrust in the New Gilded Age

The Curse of Bigness: Antitrust in the New Gilded Age

"Persuasive and brilliantly written, the book is especially timely given the rise of trillion-dollar tech companies."--Publishers Weekly From the man who coined the term "net neutrality," author of The Master Switch and The Attention Merchants, comes a warning about the dangers of excessive corporate and industrial concentration for our economic and political future. We liv "Persuasive and brilliantly written, the book is especially timely given the rise of trillion-dollar tech compani...

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Title:The Curse of Bigness: Antitrust in the New Gilded Age
Author:Tim Wu
Rating:
Genres:Economics
ISBN:The Curse of Bigness: Antitrust in the New Gilded Age
ISBN
Edition Language:English
Format Type:Paperback
Number of Pages:154 pages pages

The Curse of Bigness: Antitrust in the New Gilded Age Reviews

  • Timothy Wu
    Sep 19, 2018
    I learned an awful lot writing it. ...
  • Eric
    Feb 16, 2019
    Eminently readable and instructive to the layperson. ...
  • David
    Nov 28, 2018
    interesting history of antitrust and argument that we need to get back to the original interpretations of Sherman Act and overall point of antitrust. Claims that Bork among others led everyone astray in imposing very narrow economic analyses as the necessary basis for splitting up mono...
  • Mehrsa
    Nov 23, 2018
    Such an important (and short) book on the necessity of reviving old school trust-busting. Wu does an excellent job showing what went wrong (basically, Chicago school econ and Bork). He's absolutely right that the current test is meaningless and the modern tech and media behemoths are t...
  • Dominik
    Nov 24, 2018
    This book is too short. Perhaps it's deliberate, a nerdy sort of joke: a book about the curse of bigness can't be a big book, can it? That said, the book does a splendid job of providing a survey of antitrust (at 10,000 ft, as it can't get much closer in its scant 154 pages). How an...
  • Jason Furman
    Nov 16, 2018
    An outstanding, short, insightful capsule history of antitrust and antitrust through from the establishment of the Clayton Act in 1890 through the latest issues with the tech giants. All of it written very much for a general reader with little or no law or economics. In many places I w...
  • Mal Warwick
    Jan 16, 2019
    The Curse of Bigness highlights one of the most significant policy questions facing American society. The author, Columbia University law professor Tim Wu, insists it's time to restore America's lost commitment to the antitrust legislation passed in the late nineteenth and early twenti...
  • Daniel
    Jan 10, 2019
    A very short book, it is nonetheless a very timely book. Wu is a law professor at Columbia University. He brought us back to the Gilded Age where monopolies such as Standard Oil use unscrupulous tactics to either buy out or bankrupt their competitors. Then they enjoyed price setting po...
  • Rob Anderson
    Dec 28, 2018
    A slim book by a great writer and thinker. Well-researched and authoritative, this book makes the solid case that we should all care more about the rise of monopolies in our ?New Gilded Age? and that modern legal thinking and practice in this area has been misguided. This may not s...
  • Chris Ziesler
    Nov 23, 2018
    An excellent short book on the dangers of unfettered power in the economic and corporate realm. Wu's method of providing a clearly explained historical context for the roots and origins of problems we face today works very well in exploring this contentious area. He makes a very persua...
  • Amie
    Mar 06, 2019
    Excellent overview of the history and intent of antitrust legislation and regulation, and the negligence massive corporate interests has benefited from over the last 10 years. If you aren?t sure why we should regulated large companies that are currently keeping prices low, read this....
  • Charles
    Nov 19, 2018
    As the ideological tectonic plates shift in America, many apparently settled matters have become unsettled. This creates, at the same time, both conflict and strange bedfellows, though I suspect the latter will become used to each other soon enough. Such once-settled matters include ho...
  • Charlie
    Jan 22, 2019
    Tim Wu's The Attention Merchants is one my most favorite books read to-date on the media industry and as a result I have vowed to keep abreast of everything he writes. The Curse of Bigness is his most recent and, like his other books, is extremely well written, full of persuasive argum...
  • Charlie Cray
    Dec 15, 2018
    I remember going to the House Judiciary Committee-created Antitrust Modernization Commission's sole public interest hearing in DC. There was hardly anyone who wasn't a lobbyist or industry-friendly regulator in the room. The panel and the presentations were all made by corporate la...
  • Peter Mcloughlin
    Dec 30, 2018
    The second book in a week I have read about the necessity of Anti=trust and the danger of large Monopolies and oligopolies on our democracy. Again wisdom gained in the early twentieth century forgotten and a return to a new gilded age and probably worse if things keep going this way. A...
  • Athan Tolis
    Feb 16, 2019
    Monopoly is a monster with many faces. You can think of it as a structural pillar of the kind of politics we rejected in the forties and the late eighties, you can look at it from the angle of the businessman or the consumer or you can take the legal angle. In this 120 page monograp...
  • Peter O'Kelly
    Nov 14, 2018
    Some related resources to consider -- reviews/interviews: https://www.theverge.com/2018/9/4/178... http://nymag.com/intelligencer/2018/1... https://www.thenation.com/article/tim... An excerpt: https://www.wired.com/story/book-exce... ...
  • Breno Ferreira
    Dec 11, 2018
    This book provides some insights that can be extremely important for our generation to deal with some of our biggest challenges. The main idea is that, from the early 19th century, and throughout the entire 20th century, the US justice system has been dealing with huge monopolies in...
  • David Childers
    Dec 25, 2018
    A brief history of and legal polemic on antitrust law and enforcement in the United States, making a case that contemporary antitrust enforcement standards are overly lax from the perspective of original legal intent and practical outcomes. It is clearly written for a legal audience, w...
  • Philip Bunn
    Nov 18, 2018
    Excellent, quick read that presents a survey of anti-trust legislation, application, and evolution. ...
  • kathy
    Dec 15, 2018
    A few years back this book would not have captured my attention but after reading Wu's "The Attention Merchants", this was the next logical nonfiction selection. In high school, I didn't care about the Sherman Act or appreciate anti-trust laws, downsides of monopolies, concentrated bu...
  • Barry
    Dec 09, 2018
    This book traces the history and theory behind anti-trust regulations, and shows how and why these laws should be more vigorously applied. The necessity of breaking up monopolies is an idea that people on both sides of the political divide can agree upon, albeit for different reasons. ...
  • Ietrio
    Dec 06, 2018
    Another fallacious argument for the totalitarian state. The guy lives and publishes on tax money, so in his context the argument makes sense: anything that will give him a bigger pension plan as long as he is not paying. The problem is his readership. So choosing between Google, App...
  • David Dayen
    Nov 24, 2018
    As an introduction to the history and current state of antitrust and market concentration, you can't do much better. A slim but important volume. ...
  • Roman Schuster
    Jan 30, 2019
    The part that was more about the history of antitrust and the big cases was very informative - I had not thought about the election of 1900 as a referendum on antitrust, but that frame is quite interesting. I also completely agree with the author's conclusion that the impossibly vague ...
  • Jason Orthman
    Jan 25, 2019
    Short, well written, insightful book on the history of anti-trust enforcement. Summarises key developments over 125 years and addresses dominance of current tech giants. ...
  • Erik
    Feb 18, 2019
    Very timely, great overarching narrative of antitrust's foundations, radical re-interpretations, and an agenda of what to do to fix the problems of monopoly today. ...
  • Lucas Brandl
    Jan 02, 2019
    This book really packed a punch for its short length. It provided a history of antitrust law in America, and took several stances about the current environment. I really enjoyed the writing style and the history. I'm not sure where I stand on some of the conclusions. The history of...
  • Collin Lysford
    Feb 19, 2019
    This book is primarily talking about the failures of monopolies concentrating wealth at an exponential rate, divorcing them from any sorts of "economies of scale". In fact, monopolies tend to reverse the trend of economies of scale and grow worse with size, remaining only because of in...
  • Marks54
    Dec 05, 2018
    This is a short but clearly written and even elegant argument for revitalizing how antitrust law are interpreted and employed in the US economy, with a particular reference to nascent anticompetitive conditions among the small number of surviving technology titans that currently domina...