Bad Economic History Fuels Bad Present-Day Economic Policies

28 Jun 2025 1 Comment

by Jim Rose in applied price theory, Austrian economics, comparative institutional analysis, development economics, economic history, history of economic thought, income redistribution, industrial organisation, international economics, liberalism, politics - USA, Public Choice

TweetAt CapX, I explain what motivated Phil Gramm and me to write our book, The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism. A slice: Likewise with America’s own industrial revolution, the ‘Gilded Age’. American schoolchildren are taught that the final third of the 19th century witnessed John D. Rockefeller and…

Bad Economic History Fuels Bad Present-Day Economic Policies

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