Aaron Director's influence on antitrust policy

摘要: Aaron Director was born in Charterisk, which is now in Ukraine, in 1901. He died in Los Altos Hills, California, on September 11, 2004. His life was long, his vita was short, and his influence on US antitrust policy was profound. He was the intellectual progenitor of what is sometimes called the ‘Chicago School’of antitrust policy. Some of the seminal contributions of this school appeared in the Journal of Law and Economics, of which Director was the founding editor. In this memorial essay I will review his life briefly, but I will focus mainly on his contribution to the economic and legal analysis of antitrust issues. Aaron Director came to the United States in 1913 with his family. He spent his formative years in Portland, Oregon, where the family ran a furniture store. In 1921 he was awarded a scholarship to attend Yale University, from which he graduated in 1924. At this time of his life, Director fancied himself a socialist and …