The Myth of the Robber Barons

The Myth of the Robber Barons

This is a great book! The author divides entrepreneurs into the two categories of market and political entrepreneurs. Political entrepreneurs depend on the government for financial backing, political favors, real estate bargains, etc., while market entrepreneurs rely on the free market to accomplish their ends. The author shoots down the traditional lumping together of nineteenth- and twentieth-century capitalists under the description "robber barons" by pointing out the differences in approach between an honest businessman and a businessman who uses the government to "steal" from others. Presented in biographical story fashion, the book makes interesting reading, although the closing chapter (where the author attempts to sum things up) is superfluous. Key figures featured in the book are Cornelius Vanderbilt, James J. Hill, The Scrantons, Charles Schwab, John D. Rockefeller, and Andrew Mellon.

This book makes a great adjunct to history, government, and/or economics studies.

Pricing Information

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

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

  • Need For Parent or Teacher Instruction: minimal
  • Learning Environment: independent study
  • Grade Level: grades 8-12
  • Special Audience: adults
  • Educational Methods: real books, stories
  • Religious Perspective: secular
  • Political Perspective: limited government
  • Economic Philosophy: free market

Publisher's Info

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Disclosure of Material Connection: Some of the links in the post above are "affiliate links." This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services that I believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255 "Guidelines Concerning the Use of Endorsements and Testimonials in Advertising."