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Editorials
New York Times Book Review
McCraw explains sophisticated economic theory in accessible terms, and he has a historian's knack for isolating such basic American traits as a mistrust of big business and for showing how regulators manipulated these traits to implement their policies.
Washington Post Book World
A novel, stimulating approach… McCraw's effort to clarify the nature of regulation by carefully integrating biography, history of ideas and regulatory strategy pays handsome dividends… Each of these 'prophets' wrote extensively, even compulsively, about the theory and practice of regulation. McCraw skillfully melds their words and actions into a series of revealing intellectual portraits.