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Progressivism brought the triumph of institutionalized racism, the disfranchising of blacks in the South, the cutting off of immigration, the building up of trade unions by the federal government into a tripartite of big government, big business, big union alliance, the glorifying of military virtues and conscription, and a drive for American expansion abroad. In short, the Progressive era ushered the modern American politico-economic system into being.
From the Preface by Murray N. Rothbard
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Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.
Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradition of trading with the enemy.
"A truly free market is totally incompatible with the existence of a State, an institution that presumes to 'defend' person and property by itself subsisting on the unilateral coercion against private property known as taxation."
"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism and executive power."
The Progressive Era
by Murray N. Rothbard
Foreword by Judge Andrew P. Napolitano
Edited by Patrick Newman
Published by the Mises Institute, 2017
ISBN: 978-1-61016-674-