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The Myth Of The Robber Barons: A New Look at the Rise of Big Business in America

Posted by ObjectiveAnalyst 10 years, 1 month ago to Books
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The Myth Of The Robber Barons: A New Look at the Rise of Big Business in America
Author, Burton W. Folsom, Jr. History, Free Enterprise Economics
Seventh Edition ISBN-13: 978-0-9630203-1-4, ISBN-10: 0-9630203-1-5
Primary text - 166 pages including notes and citations, excepting contents, foreword, index, bibliography etc.

Unlike the negative, commonly promulgated text book narrative of the most powerful and influential businessmen of the industrial revolution this book examines objectively both the good and the bad of the most prominent and influential. It is typical, and to some degree understandable that history mimics the media which has always had an inclination to record and report the dirty laundry side of any story. So it is that we have all heard of the unsavory side of the stories of the powerful movers and shakers without recognition and appreciation for the tremendous benefits they have brought humanity by their innovations and ambitions. Too often they have been characterized as greedy tyrants willing to abuse the workers and the environment without appreciation for the full context of their times and the benefits they bestowed on society. This book balances the scales and gives credit where due.

Chapters on Commodore Vanderbilt, James J. Hill, the Scrantons, Charles Schwab, John D. Rockefeller and Andrew Mellon tell the individual stories. It concludes with a chapter on Entrepreneurs vs. the Historians and an Epilogue by Stephen Moore.

This is the book you want to have when you need to set the record straight, show how government intervention and cronyism was more of a detriment and villain to the people, tax payers and workers than any of the so called “Robber Barons.” It is the rebuttal to the progressive narrative and smears that have besmirched the reputations of those that have done more to improve the standard of living of everyone, rich and poor alike, than any government.

A short easy read, this book should be considered a must read and part of any library for those interested in seeking the full truth, restoring the reputations of entrepreneurs and industrialists, combating the smears of the progressive statists and ascribing to the government their rightful share of responsibility for abuses of the truth, public trust and tax dollars.

The truth is out there.
Respectfully,
O.A.


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