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Vol 22 No 12 Dec 17/Jan 18

Book of the Month

Cover of McGregor on Damages

McGregor on Damages

Edited by: James Edelman, Simon Colton, Jason Varuhas
Price: £440.00

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Alternative Tracks New ed

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ISBN13: 9780801856365
ISBN: 0801856361
Published: March 1998
Publisher: Johns Hopkins University Press
Format: Paperback
Price: £17.50

'Alternative Tracks' provides a novel interpretation of industrialization and political development in the United States. Focusing on the critical case of railroads, Gerald Berk shows that alternative forms of economic organization and governmental regulation existed in the late nineteenth century. Constitutional choices, not technological imperatives or economic interests, determined the outcome in the twentieth century: a centralized industry regulated according to liberal principles of redistribution. 'Alternative Tracks' reveals a nineteenth-century rival to this political economy--an equally efficient and more democratic system of regional railroads regulated according to republican principles.

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