4) In the past few years, the New Brandeis movement has prominence in US legal, economic and political thought.

a) Briefly describe the emergence of the Chicago school with a particular focus on the concepts of the Chicago school sought to address.

b) Briefly describe the emergence of the New Brandeis school with a particular focus upon the political and technological issues this school seeks to address.

c) Briefly discuss how the New Brandeis school would address issues of concentration, vertical integration and predatory pricing and discuss how this differs from the Chicago perspective.

d) Discuss whether the New Brandeis school represents a necessary corrective to errors in the Chicago school or a return to outdated theories.

e) Discuss the possible reasons why the New Brandeis school has gain in popularity.