Monday, August 27, 2012

Were the Robber Barons a myth

A lot of people look at the late 19th Century as a time when out of control capitalism led to the exploitation of the common people. This essay suggests that this is am myth.

2 comments:

IlĂ­on said...

That the Myth of the Robber Barons was an intentionally created and fostered myth of the "Progressives" is not exactly news to anyone who wanted to know the truth of the matter.

Radik said...

Here is also a well spoken speech by Milton Friedman about the Robber Baron Myth.

https://www.youtube.com/watch?v=dmzZ8lCLhlk