1. The Progressive Experiment
Fixing Society with Science

2. Identify the Problem: Economic

3. Identify the Problem: Social

4. Identify the Problem: Political

5. Design Your Experiment: States

6. Design Your Experiment: Fair Deal

7. Design Your Experiment: Fair Deal

8. Design Your Experiment: Fair Deal

9. Design Your Experiment: Taft…mild & doughy
Standard Oil
(rule of reason)
US Steel
Payne-Aldrich
Tariff
Pinchot Fired

10. Election of 1912 New Nationalism New Freedom
Smaller, more numerous Businesses = Competition
Government will promote competition, but decrease regulation
Bigger Government
(more regulation)
Bigger Businesses
Bigger Labor Unions

11. Design Your Experiment: Triple Wall

12. Design Your Experiment: Triple Wall
Federal Reserve System
Run on the Bank

13. Design Your Experiment: Triple Wall
The FTC is a bipartisan federal agency with a unique dual mission to protect consumers and promote competition.