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29 sats \ 2 replies \ @kepford OP 7 May \ parent \ on: The Robber Baron Myth - Milton Friedman econ
I wasn't either. I listened to the president of the Mises Institute on the Bitcoin Standard Podcast and he mentioned this era. I went to YouTube and was really disappointed in the lack of content on this topic. It was pretty much Tom Woods and this video. Wood's talks are good but long. This video was nice and short :)
More needs to be done to destroy this myth. It comes up so often in my talks with people interested in the issues of our time. Far to many right wingers don't get it either. I think the vast majority of the population has no clue just how ill-informed they are on history.
I don't mean to say I'm enlightened. The contrary, the more I have read the more angry I get about how I was deceived by both public and private education as well as the culture.
The misunderstanding of our own history is a huge factor in our decline as a people and nation(not government).
Tom DiLorenzo, the Mises Institute president, has written and spoken a lot on the subject.
He's the one who demolished the predatory pricing myth, in particular, and the general myth of widespread monopolies. Shockingly, all it took to do this was just looking at the publicly available records on prices and existing companies.
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Yeah, I've read one of his books on Lincoln. We are drowning in ignorance and lies of omission.
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