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Myth Of The Robber Barons
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Book Synopsis The Myth of the Robber Barons by : Burton W. Folsom
Download or read book The Myth of the Robber Barons written by Burton W. Folsom and published by Young Americas Foundation. This book was released on 1991-01-01 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his book The Myth of the Robber Barons, Folsom distinguishes between political entrepreneurs who ran inefficient businesses supported by government favors, and market entrepreneurs who succeeded by providing better and lower-cost products or services, usually while facing vigorous competition.
Book Synopsis The Myth of the Robber Barons by : Burton W. Folsom
Download or read book The Myth of the Robber Barons written by Burton W. Folsom and published by Young Amer Foundation. This book was released on 1991 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Robber Barons by : Matthew Josephson
Download or read book The Robber Barons written by Matthew Josephson and published by Houghton Mifflin Harcourt. This book was released on 1962 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes material on John D. Rockefeller, J. Pierpoint Morgan, Cornelius Vanderbilt, William H. Vanderbilt, Andrew Carnegie, E.H. Harriman, Jay Gould, Jim Fisk, Jay Cooke, Daniel Drew, Henry C. Frick, James J. Hill, Charles M. Schwab, Henry Villard, Standard Oil Company, trusts.
Book Synopsis The Myth of Capitalism by : Jonathan Tepper
Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Book Synopsis New Deal Or Raw Deal? by : Burton W. Folsom
Download or read book New Deal Or Raw Deal? written by Burton W. Folsom and published by Simon and Schuster. This book was released on 2009-11-17 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy.
Book Synopsis Myth of the Robber Barons by : Burton W. Folsom
Download or read book Myth of the Robber Barons written by Burton W. Folsom and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Charles River Charles River Editors Publisher :Createspace Independent Publishing Platform ISBN 13 :9781539748274 Total Pages :184 pages Book Rating :4.7/5 (482 download)
Book Synopsis Robber Barons by : Charles River Charles River Editors
Download or read book Robber Barons written by Charles River Charles River Editors and published by Createspace Independent Publishing Platform. This book was released on 2016-10-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Includes pictures *Includes the business magnates' quotes about life and work *Includes online resources and a bibliography for further reading The Gilded Age and the dawn of the 20th century are often remembered as an era full of monopolies, trusts, and economic giants in heavy industries like oil and steel. Men like Andrew Carnegie built empires like Carnegie Steel, and financiers like J.P. Morgan merged and consolidated them. The era also made names like Astor, Cooke, and Vanderbilt instantly recognizable across the globe. Over time, the unfathomable wealth generated by the businesses made the individuals on top incredibly rich, and that in turn led to immense criticism and an infamous epithet used to rail against them: robber barons. Dozens of men were called "robber barons," but few of them were as notorious as Cornelius Vanderbilt, who also happened to be one of the nation's first business titans. Vanderbilt was a railroad and shipping magnate at a time that the industry was almost brand new, but he rode his success to become one of the richest and most powerful men in American history. When historians are asked to name the richest man in history, a name that often pops up is that of John D. Rockefeller, who co-founded Standard Oil and turned it into the first real trust in the United States. Rockefeller had been groomed ambitiously by a huckster father nicknamed "Devil Bill," who was just as willing to cheat his son as an unsuspecting public, and John certainly chased his dreams of living long and large. Rockefeller forged his empire in the first few decades of his life and nearly worked himself to death by the time he was 50, which helped compel him to retire for the last several decades of his life. At one point, Rockefeller's wealth was worth more than 1.5% of the entire country's gross domestic product, and by adjusting for inflation, he is arguably the richest man in American history if not world history. When robber barons across America took the reins of vast industries, they needed financing, and many of them turned to the most famous banker of all: John Pierpont Morgan. It was J.P. Morgan who bankrolled the consolidation of behemoth corporations across various industries, including the merging of Edison General Electric and Thomson-Houston Electric Company, which subsequently became General Electric, still known simply as GE across the world today. Similarly, he financed Federal Steel Company and consolidated various other steel businesses to help form the United States Steel Corporation. While critics complained about the outsized influence that these gigantic businesses had, Morgan's massive wealth also gave him unprecedented power in the financial sector and the ability to deal with politicians. In fact, Morgan played an important part in the Panic of 1907 and the subsequent decision to create the Federal Reserve as a monetary oversight. Ironically, one of America's most famous robber barons, Andrew Carnegie, epitomized the American Dream, migrating with his poor family to America in the mid-19th century and rising to the top of the business world in his adopted country. A prodigious writer in addition to his keen sense of business, Carnegie was one of the most outspoken champions of capitalism at a time when there was pushback among lower social classes who witnessed the great disparities in wealth; as he once put it, "Upon the sacredness of property civilization itself depends-the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions." In a similar vein, he said, "Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity."
Book Synopsis Uncle Sam Can't Count by : Burton W. Folsom
Download or read book Uncle Sam Can't Count written by Burton W. Folsom and published by Harper Collins. This book was released on 2014-04-15 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: An enlightening overview of America’s misadventures in economic investment from the Revolutionary era to the Obama administration. From the days of George Washington through World War II to today, government subsidies have failed the American people time and again. Draining the Treasury of cash, this doomed attempt to “pick winners” only serves to impede economic growth—and hurt the very companies receiving aid. But why does federal aid seem to have a reverse Midas touch? In Uncle Sam Can’t Count, Burt and Anita Folsom argue that federal officials don’t have the same abilities or incentives as entrepreneurs. In addition, federal control always leads to politicization. And what works for politicians often doesn’t work in the marketplace. Filled with examples of government failures and free market triumphs, from John Jacob Astor to the Wright Brothers, World War II amphibious landing craft to Detroit, Uncle Sam Can’t Count is a hard-hitting critique of government investment that demonstrates why business should be left exclusively to private entrepreneurs.
Download or read book The Edge of Anarchy written by Jack Kelly and published by St. Martin's Press. This book was released on 2019-01-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay attention, because The Edge of Anarchy not only captures the flickering Kinetoscopic spirit of one of the great Labor-Capital showdowns in American history, it helps focus today’s great debates over the power of economic concentration and the rights and futures of American workers." —Brian Alexander, author of Glass House "In gripping detail, The Edge of Anarchy reminds us of what a pivotal figure Eugene V. Debs was in the history of American labor... a tale of courage and the steadfast pursuit of principles at great personal risk." —Tom Clavin, New York Times bestselling author of Dodge City The dramatic story of the explosive 1894 clash of industry, labor, and government that shook the nation and marked a turning point for America. The Edge of Anarchy by Jack Kelly offers a vivid account of the greatest uprising of working people in American history. At the pinnacle of the Gilded Age, a boycott of Pullman sleeping cars by hundreds of thousands of railroad employees brought commerce to a standstill across much of the country. Famine threatened, riots broke out along the rail lines. Soon the U.S. Army was on the march and gunfire rang from the streets of major cities. This epochal tale offers fascinating portraits of two iconic characters of the age. George Pullman, who amassed a fortune by making train travel a pleasure, thought the model town that he built for his workers would erase urban squalor. Eugene Debs, founder of the nation’s first industrial union, was determined to wrench power away from the reigning plutocrats. The clash between the two men’s conflicting ideals pushed the country to what the U.S. Attorney General called “the ragged edge of anarchy.” Many of the themes of The Edge of Anarchy could be taken from today’s headlines—upheaval in America’s industrial heartland, wage stagnation, breakneck technological change, and festering conflict over race, immigration, and inequality. With the country now in a New Gilded Age, this look back at the violent conflict of an earlier era offers illuminating perspectives along with a breathtaking story of a nation on the edge.
Book Synopsis FDR Goes to War by : Burton W. Folsom
Download or read book FDR Goes to War written by Burton W. Folsom and published by Simon and Schuster. This book was released on 2011-10-11 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the acclaimed author of New Deal or Raw Deal?, called “eye-opening” by the National Review, comes a fascinating exposé of Franklin Delano Roosevelt’s destructive wartime legacy—and its adverse impact on America’s economic and foreign policies today. Did World War II really end the Great Depression—or did President Franklin Roosevelt’s poor judgment and confused management leave Congress with a devastating fiscal mess after the final bomb was dropped? In this provocative new book, historians Burton W. Folsom, Jr., and Anita Folsom make a compelling case that FDR’s presidency led to evasive and self-serving wartime policies. At a time when most Americans held isolationist sentiments—a backlash against the stunning carnage of World War I—Roosevelt secretly favored an aggressive interventionist foreign policy. Yet, throughout the 1930s, he spent lavishly on his disastrous New Deal programs and slashed defense spending, leaving America vastly unprepared for Japan’s attack on Pearl Harbor and the challenge of fighting World War II. History books tell us the wartime economy was a boon, thanks to massive government spending. But the skyrocketing national debt, food rations, nonexistent luxuries, crippling taxes, labor strikes, and dangerous work of the time tell a different story—one that is hardly the stuff of recovery. Instead, the war ushered in a new era of imperialism for the executive branch. Roosevelt seized private property, conducted illegal wiretaps, tried to silence domestic opposition, and interned 110,000 Japanese Americans. He set a dangerous precedent for entangling alliances in foreign affairs, including his remarkable courtship of Russian dictator Joseph Stalin, while millions of Americans showed the courage, perseverance, and fortitude to make the weapons and fight the war. Was Roosevelt a great wartime leader, as historians almost unanimously assert? The Folsoms offer a thought-provoking revision of his controversial legacy. FDR Goes to War will make America take a second look at one of its most complicated presidents.
Book Synopsis On Corruption in America by : Sarah Chayes
Download or read book On Corruption in America written by Sarah Chayes and published by Vintage. This book was released on 2020-08-11 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.
Download or read book Monopolies Suck written by Sally Hubbard and published by Simon and Schuster. This book was released on 2021-09-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An urgent and witty manifesto, Monopolies Suck shows how monopoly power is harming everyday Americans and practical ways we can all fight back."--
Book Synopsis A Patriot's History of the United States by : Larry Schweikart
Download or read book A Patriot's History of the United States written by Larry Schweikart and published by Penguin. This book was released on 2004-12-29 with total page 1350 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the past three decades, many history professors have allowed their biases to distort the way America’s past is taught. These intellectuals have searched for instances of racism, sexism, and bigotry in our history while downplaying the greatness of America’s patriots and the achievements of “dead white men.” As a result, more emphasis is placed on Harriet Tubman than on George Washington; more about the internment of Japanese Americans during World War II than about D-Day or Iwo Jima; more on the dangers we faced from Joseph McCarthy than those we faced from Josef Stalin. A Patriot’s History of the United States corrects those doctrinaire biases. In this groundbreaking book, America’s discovery, founding, and development are reexamined with an appreciation for the elements of public virtue, personal liberty, and private property that make this nation uniquely successful. This book offers a long-overdue acknowledgment of America’s true and proud history.
Download or read book Free Lunch Thinking written by Tom Bergin and published by Random House. This book was released on 2021-01-28 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries with smaller governments grow faster. Tobacco taxes are the best way to cut smoking. Government regulation discourages entrepreneurship. Award-winning investigative journalist Tom Bergin digs into eight mantras widely accepted by Western governments and, by talking to the people who promote those ideas and the workers, businesspeople and consumers who have felt their impacts, finds they often don't play out as expected. Smart, funny and incisive, Free Lunch Thinking is essential reading for anyone who really wants to know how economies tick - and why they often don't. _______________________________________________________________ 'I couldn't put it down. A thorough and nuanced examination of the evolution of supply side economics . . . I loved it.' Arthur Laffer, creator of the Laffer Curve 'An entertaining and thought-provoking exploration of economic theories that have been both widely accepted and largely wrong . . . I devoured it in a couple of sittings.' Reuters Breakingviews 'An insightful account of the recent history of economic thought. If you are looking for a book which challenges you without being annoying - make it this one.' Institute of Economics Affairs
Book Synopsis Empire Builders by : Burton W. Folsom
Download or read book Empire Builders written by Burton W. Folsom and published by Rhodes and Easton. This book was released on 1998 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis California Exposures: Envisioning Myth and History by : Richard White
Download or read book California Exposures: Envisioning Myth and History written by Richard White and published by W. W. Norton & Company. This book was released on 2020-03-17 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2021 California Book Award (Californiana category) A brilliant California history, in word and image, from an award-winning historian and a documentary photographer. “This is the West, sir. When the legend becomes fact, print the legend.” This indelible quote from The Man Who Shot Liberty Valance applies especially well to California, where legend has so thoroughly become fact that it is visible in everyday landscapes. Our foremost historian of the West, Richard White, never content to “print the legend,” collaborates here with his son, a talented photographer, in excavating the layers of legend built into California’s landscapes. Together they expose the bedrock of the past, and the history they uncover is astonishing. Jesse White’s evocative photographs illustrate the sites of Richard’s historical investigations. A vista of Drakes Estero conjures the darkly amusing story of the Drake Navigators Guild and its dubious efforts to establish an Anglo-Saxon heritage for California. The restored Spanish missions of Los Angeles frame another origin story in which California’s native inhabitants, civilized through contact with friars, gift their territories to white settlers. But the history is not so placid. A quiet riverside park in the Tulare Lake Basin belies scenes of horror from when settlers in the 1850s transformed native homelands into American property. Near the lake bed stands a small marker commemorating the Mussel Slough massacre, the culmination of a violent struggle over land titles between local farmers and the Southern Pacific Railroad in the 1870s. Tulare is today a fertile agricultural county, but its population is poor and unhealthy. The California Dream lives elsewhere. The lake itself disappeared when tributary rivers were rerouted to deliver government-subsidized water to big agriculture and cities. But climate change ensures that it will be back—the only question is when.
Book Synopsis The Big Ripoff by : Timothy P. Carney
Download or read book The Big Ripoff written by Timothy P. Carney and published by John Wiley & Sons. This book was released on 2011-01-13 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for THE BIG RIPOFF "Politicians like to say that government is on the side of the little guy. But with impressive documentation and persuasive examples, Tim Carney shows how government power and regulation are typically used to assist the powerful." -Paul A. Gigot Editorial Page Editor, the Wall Street Journal "Exposes the dirty little secret of American politics: how big businesses work with statist politicians to diminish the prosperity and freedom of consumers, taxpayers, and entrepreneurs. Carney employs top-notch writing ability, passion for liberty, and understanding of economics to demolish the myth that big business is a foe of big government. Everyone who seeks to understand who really benefits from big government should read this book, as should anyone who still believes that the interventionist state benefits the average person." -Congressman Ron Paul U.S. House of Representatives, 14th District of Texas "Small entrepreneurial businesses are the backbone success of our great economy. They are the biggest job and wealth creators. Is that why big corpocratic behemoth firms collude with big government for a liberal agenda of higher taxes and overregulation that will punish the small risk-takers? Tim Carney's new book describes how anti-business big business can be." -Lawrence Kudlow Host of CNBC's Kudlow & Company "Tim Carney explodes the myth that big business and big government are natural opponents. All too often, as he points out, they're both engaged in a common enterprise: picking your pocket." -Ramesh Ponnuru Senior Editor, National Review "A romping tour de force of the love affair between big business and big government from Teddy Roosevelt and the Robber Barons to Enron and the Kyoto Treaty. Indispensable for understanding how government regulation really works." -Donald Devine Grewcock Professor of Political Science, Bellevue University "Every CEO in America should read this book today, issue new directives to their bureaucrat-appeasing Washington lobbyist tomorrow, and join in the fight for economic liberalization." -Fred L. Smith, Jr. Founder and President, Competitive Enterprise Institute
