This paper replicates a classic study of the American business elite. The older study done a half-century ago, reported the composition of business leaders a century ago. I have" drawn a sample of business leaders today to discover how much the composition of the" American business elite has...

Based on the proceedings of a conference organised by the National Bureau of Economic Research, Chicago, 1999. The Editors demonstrate, through contributions from business historians and economists, that “advanced research” has superceded the neo-classical theory of the firm.

Based on the proceedings of a conference organised by the National Bureau of Economic Research, Chicago, 1999. The Editors demonstrate, through contributions from business historians and economists, that “advanced research” has superceded the neo‐classical theory of the firm.