Thurman Arnold

He previously served as associate dean for academic affairs and associate dean for faculty research.

In addition to being the author of Power and Greed, Professor Waller is the author, co-author or editor of ten books and over one hundred and fifty articles on United States and international antitrust, including Antitrust and American Business Abroad and Thurman Arnold: A Biography.

He is the recipient of the twenty fourteen Concurrence Antitrust Writing Award.

His recent scholarship focuses on antitrust, consumer protection, innovation, and issues relating to non-compete clauses in employment contracts.

Uh, why was that?

Well, I think it's a couple things.

One, uh, the modern Antitrust Division didn't really come into being until the 1930s under Robert Jackson and then Thurman Arnold, who I've, I've written separately about.

So it was a much smaller organization, and yeah, had to pick and choose its cases, and I think properly focused on the industrial economy.

The court is deciding this case near the end, though they don't know it yet, of the Great Depression, which some argued exposed something fundamentally wrong with the American economy.

To address this, President Roosevelt appointed Thurman Arnold as the head of the US DOJ Antitrust Division, who was a critic of what he viewed as the moral and ceremonial application of the antitrust laws to date, just in case you wondered whether everything old is new again.

AAG Arnold's team brought this case, which went up on appeal to the US Supreme Court, before a brand-new justice, William O. Douglas, who had been chairman of the SEC, so a man well-versed in economic concepts.

So before I hand this over, I want to say a quick thank you to Professors Morgan and Pierce at GW for their insightful notes on this background in their case book.