Thurman W. Arnold Quotes
A collection of quotes by Thurman W. Arnold.
Thurman W. Arnold (1891-1969) was an American attorney and legal scholar known for his influential role in shaping modern antitrust law. Born in Laramie, Wyoming, Arnold graduated from Dartmouth College and went on to study law at Harvard University.
Arnold began his career as a lawyer in 1914, practicing in New Mexico before serving in World War I. After the war, he worked for the Department of Justice where he gained firsthand experience in antitrust cases. In 1938, he was appointed by President Franklin D. Roosevelt to serve as the Assistant Attorney General in charge of the Antitrust Division. In this position, Arnold played a crucial role in reinvigorating antitrust enforcement during the New Deal era.
Arnold's tenure at the Department of Justice saw him tackling high-profile cases against prominent corporations, including the successful prosecution of the Aluminum Company of America (ALCOA) for monopolistic practices. He pursued a vigorous interpretation of the Sherman Antitrust Act and advocated for a more proactive approach to antitrust regulation.
After leaving government service in 1943, Arnold established a private law firm and continued to contribute to the field of antitrust law through his legal practice and scholarly writing. He authored several influential books, including "The Symbols of Government" and "The Folklore of Capitalism," in which he critiqued the concentration of corporate power and its impact on society.
Thurman W. Arnold's dedication to the enforcement of antitrust laws and his insightful contributions to legal scholarship cemented his place as a prominent figure in shaping modern antitrust jurisprudence in the United States.