Economic Implications

Ben W. Lewis

The Journal of Economic History, 1952, vol. 12, issue 4, 425-437

Abstract: The policies of the Standard Oil Company (New Jersey) are headline news. The fact that Standard's policies are not spoken of as “public” policies is little more than an accident of terminology; certainly they are public in their sweep and import, and certainly in their impact upon the public mind. The policies and actions of Standard (New Jersey) are not alone in these respects. Standard is a giant corporation; there are other giant corporations and there are more in the making.

Date: 1952
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