Summary of Burt Folsom's The Myth of the Robber Barons

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Publisher : Everest Media LLC
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.8/5 (225 download)

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Book Synopsis Summary of Burt Folsom's The Myth of the Robber Barons by : Everest Media,

Download or read book Summary of Burt Folsom's The Myth of the Robber Barons written by Everest Media, and published by Everest Media LLC. This book was released on 2022-05-22T22:59:00Z with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 The steamship industry was one of the first large-scale businesses to be mechanized, and it was in the vanguard of technological change. It was also highly competitive, and soon became large in scale. #2 The triumph of market entrepreneurs in steamboating led to improvements in technology. As one man observed, The boat builders, freed from the domination of the Fulton-Livingston interests, were quick to develop new ideas that before had no encouragement from capital. #3 Vanderbilt was a market entrepreneur who fought monopolies. He cut costs by improving steamship technology and lowering fares. He was called a monopolist by his competitors, but he actually brought competition to the industry. #4 In the 1840s, improving technology changed steamboats into steamships. The new steamers were many times bigger and faster than Fulton’s Clermont. They were sturdy and were built to cross the Atlantic Ocean.

The Myth of the Robber Barons

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Author :
Publisher : Young Americas Foundation
ISBN 13 : 0963020315
Total Pages : 185 pages
Book Rating : 4.9/5 (63 download)

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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.

New Deal Or Raw Deal?

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Publisher : Simon and Schuster
ISBN 13 : 1416592377
Total Pages : 338 pages
Book Rating : 4.4/5 (165 download)

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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.

FDR Goes to War

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Publisher : Simon and Schuster
ISBN 13 : 1439183228
Total Pages : 386 pages
Book Rating : 4.4/5 (391 download)

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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.

The Robber Barons

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Publisher : Houghton Mifflin Harcourt
ISBN 13 : 9780156767903
Total Pages : 496 pages
Book Rating : 4.7/5 (679 download)

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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.

Uncle Sam Can't Count

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Publisher : Harper Collins
ISBN 13 : 0062292714
Total Pages : 206 pages
Book Rating : 4.0/5 (622 download)

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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.

American Colossus

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Publisher : Anchor
ISBN 13 : 0307386775
Total Pages : 706 pages
Book Rating : 4.3/5 (73 download)

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Book Synopsis American Colossus by : H. W. Brands

Download or read book American Colossus written by H. W. Brands and published by Anchor. This book was released on 2011-10-04 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the two-time Pulitzer Prize finalist, bestselling historian, and author of Our First Civil War: a "first-rate" narrative history (The New York Times) that brilliantly portrays the emergence, in a remarkably short time, of a recognizably modern America. American Colossus captures the decades between the Civil War and the turn of the twentieth century, when a few breathtakingly wealthy businessmen transformed the United States from an agrarian economy to a world power. From the first Pennsylvania oil gushers to the rise of Chicago skyscrapers, this spellbinding narrative shows how men like Morgan, Carnegie, and Rockefeller ushered in a new era of unbridled capitalism. In the end America achieved unimaginable wealth, but not without cost to its traditional democratic values.

Entrepreneurs Vs. the State

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Publisher : Gateway Books
ISBN 13 : 9780895265739
Total Pages : 144 pages
Book Rating : 4.2/5 (657 download)

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Book Synopsis Entrepreneurs Vs. the State by : Burton W. Folsom

Download or read book Entrepreneurs Vs. the State written by Burton W. Folsom and published by Gateway Books. This book was released on 1987-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the impact of entrepreneurs on the history of the United States by analyzing the various industries, steamship, railroads, oil, and steel, that were developed in the nineteenth century.

Entrepreneurship and Innovation: Global Insights from 24 Leaders

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Publisher : Rothman Institute of Entrep
ISBN 13 : 9780615425740
Total Pages : 184 pages
Book Rating : 4.4/5 (257 download)

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Book Synopsis Entrepreneurship and Innovation: Global Insights from 24 Leaders by : James C. Barrood

Download or read book Entrepreneurship and Innovation: Global Insights from 24 Leaders written by James C. Barrood and published by Rothman Institute of Entrep. This book was released on 2010-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of insights from leading entrepreneurs and innovators. These pages are filled with intimate discussions from the people who redefine the business world every day-a brilliant demonstration of Rothman Institute of Entrepreneurship's dedication to the entrepreneurial and innovative spirit. Featured executives include for profit entrepreneurs, social entrepreneurs and corporate and nonprofit innovators. They include top leaders from Cisco, Merck, Campbell Soup, Avon, Schering-Plough, Ecko, Harvard Business School and the United Nations, among others. Book includes access to the videos of their lectures and interviews. *Corporate innovators include: Andrea Jung, Avon - Innovation at Avon; Douglas Conant, Campbell Soup Company - Mission Driven Innovation; Fred Hassan, Warburg Pincus, Schering-Plough - Customer Focus: A Prescription for Driving Innovation; Mervyn Turner, Merck - Building Merck's Future through Open Innovation; Carlos Dominguez, Cisco - Leveraging Collaboration for Innovation; Charles Cascio, Educational Testing Service - The Evolution of an Innovative Business Unit; Peter Weedfald, Gen One Ventures, Circuit City - The Eight Golden Rules of Entrepreneurship; *Entrepreneurs include: Seth Gerszberg, Marc Ecko Enterprises - How I Quit Treading Water and Learned to Swim; Gregory Olsen, GHO Ventures, Sensors Unlimited - Buying and Selling Entrepreneurial Companies; John Bailye, EKR Therapeutics, Dendrite International - Innovative Leadership in Growing Companies; John Crowley, Amicus Therapeutics, Inc. - Extraordinary Measures; Diahann Lassus, Lassus Wherley - Creating a Business from Scratch; Kenneth Burkhardt, Verbier Ventures, Dialogic - The Thrills and Chills of Building a High-Tech Company; Lindsay Phillips, SwitchFlops, Inc. - The Story Behind SwitchFlops; Reginald Best, ProtonMedia, Netilla Networks - Plan to Succeed; *Academic innovators include: Clayton Christensen, Harvard Business School; Michael Horn, Innosight Institute - Disruptive Innovation; *Family business entrepreneurs include: Leonard Green, The Green Group - Nurturing Innovation in Small Businesses; Shau-wai Lam, DCH Auto Group - Branding for Success; Kurus Elavia, Gateway Group One - Securing Relationships One at a Time; *Nonprofit innovators include: Ralph Nader, Consumer advocate - Social Entrepreneurship: Doing Good While Doing Well; Amir Dossal, United Nations - Building Innovative Partnerships to Heal the World; Maxine Ballen, NJTC - The Path to Entrepreneurship: Seven Rules for Business Success; Lillian Rodriguez Lopez, Hispanic Federation - Justice and Social Entrepreneurship"

China's Warlords

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Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis China's Warlords by : David Bonavia

Download or read book China's Warlords written by David Bonavia and published by . This book was released on 1995 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The warlord period - from 1912 until roughly the beginning of the Second World War - is one of the most extraordinary and colourful in the whole of Chinese history. Yet most English-language studies of the period have focused on either individual warlords or on warlords as a socio-political phenomenon. This book profiles all the prominent warlords of the period, retelling their most notorious exploits and attempting an analysis of their longevity and motivations. Included here are Yuan Shikai, who shared leadership of the Republic with Sun Yatsen before attempting to establish a new dynasty with himself as emperor; the `Christian warlord' Feng Yuxiang, who stands out for his recognition of the benefits to morale of more humane treatment of his troops; and a host of others from throughout the country. Illustrated with photographs of each of the primary characters discussed, China's Warlords will bring the period alive both to new readers and experienced scholars of Chinese history.

Iron Empires

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Publisher : Mariner Books
ISBN 13 : 0544770315
Total Pages : 453 pages
Book Rating : 4.5/5 (447 download)

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Book Synopsis Iron Empires by : Michael A. Hiltzik

Download or read book Iron Empires written by Michael A. Hiltzik and published by Mariner Books. This book was released on 2020 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Pulitzer Prize-winner Michael Hiltzik, the epic tale of the clash for supremacy between America's railroad titans.

The Inside History of the Carnegie Steel Company

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Publisher : New York : Aldine Book Company
ISBN 13 :
Total Pages : 422 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis The Inside History of the Carnegie Steel Company by : James Howard Bridge

Download or read book The Inside History of the Carnegie Steel Company written by James Howard Bridge and published by New York : Aldine Book Company. This book was released on 1903 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Robber Barons

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781539748274
Total Pages : 184 pages
Book Rating : 4.7/5 (482 download)

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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."

Give Me a Break

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Publisher : Harper Collins
ISBN 13 : 0060529156
Total Pages : 306 pages
Book Rating : 4.0/5 (65 download)

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Book Synopsis Give Me a Break by : John Stossel

Download or read book Give Me a Break written by John Stossel and published by Harper Collins. This book was released on 2005-01-25 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working as a correspondent for 20/20 and Good Morning America, John Stossel confronted dozens of scam artists: from hacks who worked out of their basements to some of America's most powerful executives and leading politicians. His efforts shut down countless crooks -- both famous and obscure. Then he realized what the real problem was. In Give Me a Break, Stossel takes on the regulators, lawyers, and politicians who thrive on our hysteria about risk and deceive the public in the name of safety. Drawing on his vast professional experience (as well as some personal ones), Stossel presents an engaging, witty, and thought-provoking argument about the beneficial powers of the free market and free speech.

Making America Corporate, 1870-1920

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Publisher : University of Chicago Press
ISBN 13 : 0226994600
Total Pages : 301 pages
Book Rating : 4.2/5 (269 download)

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Book Synopsis Making America Corporate, 1870-1920 by : Olivier Zunz

Download or read book Making America Corporate, 1870-1920 written by Olivier Zunz and published by University of Chicago Press. This book was released on 1990 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the impact of corporate middle-level managers and white collar workers on American society and culture. An extended essay on social change based on case studies of a wide range of participants in the emerging corporate culture of the early 1900s. Zunz is in the history department at the U. of Virginia. Annotation copyrighted by Book News, Inc., Portland, OR

Bully Boy

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Publisher : Forum Books
ISBN 13 : 0307347559
Total Pages : 411 pages
Book Rating : 4.3/5 (73 download)

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Book Synopsis Bully Boy by : Jim Powell

Download or read book Bully Boy written by Jim Powell and published by Forum Books. This book was released on 2006-08-08 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: What Hath TR Wrought? “I don’t think that any harm comes from the concentration of power in one man’s hands.” —Theodore Roosevelt The notion that Theodore Roosevelt was one of America’s greatest presidents is literally carved in stone—right up there on Mount Rushmore. But as historian Jim Powell shows in the refreshingly original Bully Boy, Roosevelt’s toothy grin, outsized personality, colossal energy, and fascinating life story have obscured what he actually did as president. And what Roosevelt did severely damaged the United States. Until now, no historian has thoroughly rebutted the adulation so widely accorded to TR. Powell digs beneath the surface to expose the harm Roosevelt did to the country in his own era. More important, he examines the lasting consequences of Roosevelt’s actions—the legacies of big government, expanded presidential power, and foreign interventionism that plague us today. Bully Boy reveals: • How Roosevelt, the celebrated “trust-buster,” actually promoted monopolies • How this self-proclaimed champion of conservation caused untold environmental destruction • How TR expanded presidential power and brought us big government • How he heralded in the era of government regulation, handicapping employers, destroying jobs, and harming consumers • How he established the dangerous precedent of pushing America into other people’s wars even when our own national interests aren’t at stake • How this crusader for “pure food” launched loony campaigns against margarine, corn syrup, and Coca-Cola • How Roosevelt inspired the campaign to enact a federal income tax that was supposedly a tax on the rich but became a people’s tax Bully Boy is both a groundbreaking look at a pivotal time in America’s history and a powerful explanation of how so many of our modern troubles began.

From Mutual Aid to the Welfare State

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Publisher : Univ of North Carolina Press
ISBN 13 : 0807860557
Total Pages : 337 pages
Book Rating : 4.8/5 (78 download)

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Book Synopsis From Mutual Aid to the Welfare State by : David T. Beito

Download or read book From Mutual Aid to the Welfare State written by David T. Beito and published by Univ of North Carolina Press. This book was released on 2003-06-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the late nineteenth and early twentieth centuries, more Americans belonged to fraternal societies than to any other kind of voluntary association, with the possible exception of churches. Despite the stereotypical image of the lodge as the exclusive domain of white men, fraternalism cut across race, class, and gender lines to include women, African Americans, and immigrants. Exploring the history and impact of fraternal societies in the United States, David Beito uncovers the vital importance they had in the social and fiscal lives of millions of American families. Much more than a means of addressing deep-seated cultural, psychological, and gender needs, fraternal societies gave Americans a way to provide themselves with social-welfare services that would otherwise have been inaccessible, Beito argues. In addition to creating vast social and mutual aid networks among the poor and in the working class, they made affordable life and health insurance available to their members and established hospitals, orphanages, and homes for the elderly. Fraternal societies continued their commitment to mutual aid even into the early years of the Great Depression, Beito says, but changing cultural attitudes and the expanding welfare state eventually propelled their decline.