Pulitzer Prize History Winner
Prophets of Regulation
by Thomas K. McCraw
Summary
McCraw profiles four influential figures who shaped American regulation, including Charles Francis Adams, Louis Brandeis, James Landis, and Alfred Kahn. Through their careers he traces how the country wrestled with controlling railroads, corporations, and public utilities across the twentieth century. The book blends biography and policy history to explain how regulatory ideas rose, faltered, and evolved.
”
Historical Context & Significance
McCraw won the Pulitzer Prize for History in 1985 for this study of the architects of American economic regulation.