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This Stanford Brief provides a concise overview of capitalism, the most powerful force in modern society.

How did the son of a con man and a bigamist become America's wealthiest businessman and greatest philanthropist? How did the son of an alcoholic shoe salesman become a movie star and the President of the United States? How did a penniless orphan become a war hero and the dominant political leader of his age? The self-made man is a classic American type: the poor boy who makes good. Yet few books have studied exactly how such men advance. "Self Made in America" examines the careers of sixteen of the most famous examples of the type: Benjamin Franklin, Alexander Hamilton, Andrew Jackson,...

Today antitrust law shapes the policy of almost every large company, no matter where headquartered. But this wasn't always the case. Before World War II, the laws of most industrial countries tolerated and even encouraged cartels, whereas American statutes banned them. In the wake of World War II, the United States devoted considerable resources to building a liberal economic order, which Washington believed was necessary to preserving not only prosperity but also peace after the war. Antitrust was a cornerstone of that policy. This fascinating book shows how the United States sought to...