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Through an analysis of the formation of the International Harvester Company in 1902, Professor Kramer presents a suggestive case-study in businessmen's motivations toward merger.
Rejecting the traditional explanation that the introduction of features and an increase in scandalmongering account for the growth of American newspapers following the Civil War, Professor Smith advances an interesting correlation between the introduction of wood-pulp paper and the lowered prices and increased circulation of the press.
Professor Simonson casts the recent history of the American airframe industry against the Schumpeterian concept of “creative destruction” in this study of business response to technological change.