Economic History
emancipation

How Capitalist-Abolitionists Fought Slavery

– August 19, 2019

A capitalist benefactor of the American abolitionist movement used his business to wage war against slavery. He ended up revolutionizing the American financial industry in the process.

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Economic History, Free Banking
scottishthisel

Rothbard’s First Impressions on Free Banking in Scotland Were Correct

– August 18, 2019

Nothing in Rothbard’s later view manages to cast doubt on his earlier view and White’s thesis, much less refute them.

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Economic History, History of Economic Thought

The Anti-Capitalist Ideology of Slavery

– August 16, 2019

The anti-capitalist ideology of southern slaveholders presents a conundrum for historians who erroneously equate the plantation economy with the free market.

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Economic History
cultic

The Cultic Milieu and the Rise of Violent Fringe

– August 7, 2019

The notion of the cultic milieu helps explain many aspects of today’s politics, such as the rise of movements like the alt-right, and the growth of fringe beliefs across the ideological spectrum.

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Economic History
oldlondon

The Past Is a Nice Place to Visit. You Wouldn’t Want to Live There.

– July 18, 2019

Should we study and learn from the past? Of course we should. Should we yearn for the past, seek to return there, and perhaps undo the progress of the last several centuries? Of course we shouldn’t.

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Economic History, Free Enterprise
edisonphonograph

The Capitalist Achievement of Recorded Music

– July 17, 2019

Or in the musical context, the capitalist achievement consists not of softer seats at the opera for the king and queen but access to a practically infinite library for pennies a day.

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Economic History, Free Banking
scaryvault

Competition Is the Path to Financial Inclusion

– July 8, 2019

Financial regulators appear to fear the creation of a few, small experimental entrants more than they fear the failure of the nation’s many, uber-risky megabanks.

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Economic History
The_Picnic_,_Brooklyn_Museum_IMG_3787

The Social History of the Picnic

– July 3, 2019

Thanks to the rise of prosperity and commercial society, picnicking was finally something for all to enjoy, not only the rarefied elite.

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Economic History
breakfree

How to Do Reparations the Right Way 

– June 26, 2019

What African-Americans, poor whites, and Native Americans want, and what they need, is what Adam Smith called “a tolerable administration of justice.”

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Economic History
Emancipation

The Statistical Errors of the Reparations Agenda

– June 23, 2019

There is a great moral gravity to discussions of slavery. Academics owe the public an honest, accurate, and scientific assessment of slavery’s history, including its economic dimensions. Unfortunately, a key statistic being used in the reparations debate fails that test.

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