"Ohio Canal Era," a rich analysis of state policies and their
impact in directing economic change, is a classic on the subject of
the pre-Civil War transportation revolution. This edition contains
a new foreword by scholar Lawrence M. Friedman and a bibliographic
note by the author. Professor Scheiber explores how Ohio--as a
"public enterprise state," creating state agencies and mobilizing
public resources for transport innovation and control--led in the
process of economic change before the Civil War. No other
historical account of the period provides so full and insightful a
portrayal of "law in action." Scheiber reveals the important roles
of American nineteenth- century government in economic
policy-making, finance, administration, and entrepreneurial
activities in support of economic development. His study is equally
important as an economic history. Scheiber provides a full account
of waves of technological innovation and of the transformation of
Ohio's commerce, agriculture, and industrialization in an era of
hectic economic change. And he tells the intriguing story of how
the earliest railroads of the Old Northwest were built and
financed, finally confronting the state- owned canal system with a
devastating competitive challenge. Amid the current debate
surrounding "privatization," "deregulation," and the appropriate
use of "industrial policy" by government to shape and channel the
economy. Scheiber's landmark study gives vital historical context
to issues of privatization and deregulation that we confront in new
forms today.
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