Free Market
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Free Market 7, no. 6 (June 1989) The broadly held corporation was one of the most important developments of the 19th century. The capital of thousands and then millions of stockholders made possible the profitable development of large firms, which enriched not only their owners, but society as a whole. The railroads were the first to