The Gilded Age and the Gold Standard | Thomas J. DiLorenzo
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Thanks for clarifying that you don't understand comparative advantage.
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The reason for the gilded age boom was because of Protectionist policies. NO evil effects.
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its fundamentally wrong
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This is SOOO wrong.
During the Gilded Age we had VERY high with protectionism.
Has this guy even read Alexander Hamitons "Report on a National Bank" the 1st National bank was NOTHING like the Bank of England. Read the 23 points of the national bank. Very different. As a matter a fact most
The National Banking Act was modeled to get private banks to do the same thing as the as Hamilton's National bank.
Just listen to William Mckinleys speech on Protectionism.
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What corporate welfare?, give an example please.
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Thanks for posts like these. I use them all the time in my economics class.
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@landgabriel We've never had pure capitalism, otherwise why would troops be used to stop a riot? The main problem is corps. & govt collusion. I would love to see Laissez Faire, but I wont hold my breath.
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anyone who has good informaiton on the Gilded Age please message it to me. I have leftist friends and family who use it as an example of how laissez faire doesn't work. I know that the government sent in troops to quelch worker riots, etc. I want to know more to debate that the Gilded Age was actually true Laissez Faire.
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money, credit and business cycles(or close to it) by desoto. the best book in the last decade acording to joe salerno. :)
End the Fed.
RedShirtArmy 3 years ago 23
TY Mises for these videos. I learn so much.
sokoboo 3 years ago 13