The Rise of Big Business: The Failure of Trusts and Cartels
20th Century American Economic History01/09/10 • -1 min
In the 19th Century and the beginning of the 20th, the rise of big business on the free market could not create monopolies and cartels. Only government could do that. Government tried. Government failed.
From Murray Rothbard's 20th Century American Economic History lecture series.
01/09/10 • -1 min
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