Historical Background

N. S. B. Gras

Business History Review, 1946, vol. 20, issue 2, 36-42

Abstract: When we read about “government control” in recent years and then reflect upon the old term “government regulation,” we wonder whether a change has occurred. We ask our friends and find that they feel that there is a difference between the old regulation and the new control, but they hesitate to state what the difference is. Then we sit down to wrestle with the problem. The exercise is not easy. Perhaps the historical approach will be helpful.

Date: 1946
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