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The following texts will be
used in this course:
John D. Rockefeller, 1888
ENTREPRENEURS AND AMERICAN ECONOMIC GROWTH
Graduate School of Industrial Administration
Pittsburgh, PA, 15213
Keith T. Poole
231F GSIA (new bldg)
WebSite: K7MOA Home Page Classroom:
Time: 6:30PM - 9:30PM Tu
The Myth of the Robber Barons, by Burton W. Folsom, Jr.
The Rise of the Western World, By Douglass North and Robert Paul
The readings listed in the assignments are in the course packet.
One term paper is required.
The topic must be approved by the instructor and it must be related to business
issues raised by the course readings and lectures. The paper must be properly
footnoted and references provided. An example from last year is included in
the course packet.
Property Rights and the Necessity of the Entrepreneur
- The Rise of
the Western World
Socialism, and Democracy, pp. 63-142.
- Political Entrepreneurs
versus Market Entrepreneurs
- The Myth of
the Robber Barons, Chapters 1 and 2: Cornelius
and James J. Hill
- Hard Work, Efficiency,
and Vision: John D. Rockefeller and The Standard Oil
- The Myth of
the Robber Barons, Chapter 5: John D. Rockefeller
- Creative Destruction:
Andrew Carnegie and the Rise of Steel
- Myth of the
Robber Barons, Chapter 4: Charles Schwab
- "Hard Driving
and Efficiency: Iron Production in 1890." Journal of Economic
History, 38, Dec. 1978.
Dependence: Does the Best Technology Always Win?
the Economics of QWERTY: The Necessity of History." by Paul David,
In William Parker, ed., Economic History and the Modern Economist
Stan J. and Stephen E. Margolis (1990). "The Fable of the Keys."
Journal of Law and Economics, 32.
- "Corporate Culture
and Marketing in the American Railway Locomotive Industry," by Albert
Churella, Business History Review, 69, Summer 1995, pp.191-229.
Chapters 12 and 13.
- "The Day Bill
Gates Overthrew Big Blue," by Paul Carroll, Wall Street
Journal, 16 August 1993.
- How and Why Inventive
Activity Goes Where the Money Is
- "Changes in
Industry and the State of Knowledge as Determinants of Industrial Invention,"
by Jacob Schmookler. In The Rate and Direction of Inventive Activity.
- The Emergence of Modern
- The Myth of
the Robber Barons, Chapter 6: Andrew Mellon
- The Life and
Legend of Jay Gould, by Maury Klein,
- The Morgans:
Private International Bankers, by Vincent P. Carosso, Chapter
- Modern Entrepreneurs
and the Lessons of History
H. Gates, Andrew Carnegie, and John
- Michael Milken,
J. P. Morgan, and Jay