Organized Crime
Index
ABERLOFF, BRUCE, asymmetric information, 193
academy
advice giving to government, 10, 11
Austrian School and the Chicago School on market failure, 12
Dalberg-Acton, John (Lord Acton), states’ rights and the surrender of General Robert E. Lee, 57
Adair, Douglas, on Alexander Hamilton and mercantilism, 114
Adams, John, Sedition Act, 60
agglomeration economies, 159
agriculture. See farming
Alabama, list of regulatory functions, 19
Alcoa, anti-trust regulation, 22
Allen, William J., imprisonment of, 94
American Civil War. See Civil War American exceptionalism, 68–71
American imperialism, 81–85
American Tobacco Company, anti-trust regulation, 22
anti-trust regulation, about, 21–25
Antitrust and Monopoly (Armentano), 22
appointing U.S. senators, 65
Armentanto, Dominick, Antitrust and Monopoly, 22
Association of Community Organizations for Reform Now (ACORN), 36
Community Reinvestment Act, 137
asymmetric information and the Nirvana Fallacy, 192–97
AT&T, proposed merger with T-Mobile USA, 24, 25
BABYLON, CODE of Hammurabi, 4
Bache, Benjamin Franklin, opposition to John Adam’s statist economic policies, 59
Bagojevich, Governor Rod, taking bids for a vacated U.S. Senate seat, 33, 34, 35
Bank of North America, 122
Bank of the United States (BUS) constitutionality of, 113
founding of, 122
political constituency, 115
versus states’ rights, 117–19
Beecher, Henry Ward, Lincoln myth, 73
Bennett, James T., on the male/female wage gap, 204–06
Bhutan, happiness and, 185
Bismarck, Otto von, diminishing states’ rights in Germany, 76
The Black Book of Communism (Rummel), 78
blame, capitalism, 9
bonds, nationalizing government debt under Alexander Hamilton, 114
boom-and-bust cycles, Federal Reserve Board, 125–27
Boucher, Chauncey, Tariff of Abominations, 105
Bowers, Claude, on the corrupt purchase of government bonds from Revolutionary War veterans, 114
bracket creep, 38
Bright, Jesse, removal from the U.S. Senate, 91
British government and constitution, corruption, 115
Brown, David, opposition to the Sedition Act, 60
Brown, Dee, on the Sand Creek Massacre, 84
Brown, George T., The Gas Light Company of Baltimore, 173, 174
Brown Shoe Company, acquisition of Kinney Shoes, 22
Burns, Arthur, Richard Nixon and the Federal Reserve Board, 134
business
anti-trust regulation, 21–25
regulation, 14–17
business agreements, free market environment versus prohibition, 7
business partnerships, drug gangs as, 8
Butler, Benjamin, rape of women in New Orleans, 88
Butler, E. and R. Schuettinger, Forty Centuries of Wage and Price Controls, 3–6
CABLE TELEVISION industry, natural monopoly in, 175
“Campaign Contributors’ Tariff Bill,” 170
Canada, socialized healthcare, 27, 28
capitalism. See also crony capitalism blame, 9
improvements to wage earners’ standard of living, 153
robber barons, 163–67
capture theory of regulation, 11
cartels. See monopolies cash cows, 34
censorship
following Abraham Lincoln’s assignation, 74
of protest against the Civil War, 92–94
central banking corruption, 113–16
Federal Reserve Board independence, 131–35
libertarianism and the Federal Reserve Board, 128–30
sub-prime mortgage meltdown, 136–40
and unemployment, 125–27
Central Pacific (CP), 164, 166
centralization, 53–10
American exceptionalism, 68–71
American imperialism, 81–85
democide, 78–80
distorting history, 104–10
electing U.S. senators, 65–67
fascialism, 96–98
federalism, 55–58
Fourth of July, 63
Germany, 75–77
Lincoln continued, 90–95
the Lincoln myth, 72–74
nullification, 59–62
Paul Krugman’s views on the Civil War, 86–89
sedition, 99–103
child labor, reduction and elimination of, 154
Chodorov, Frank, on income tax, 176
Civil Aeronautics Board (CAB), 12
Civil War
causes of, 68
censorship of protest against, 92–94
democide in the Southern States, 79
Paul Krugman’s views on, 86–89
Coase, Ronald, on business regulation, 15
Code of Hammurabi, price controls in ancient Babylon, 4
Cole, Harold L. and Ohanian, Lee E., on the New Deal, 180, 182, 183
Community Development Financial Institutions, 140
Community Reinvestment Act (CRA), 36, 137, 140
complaints, as a unionizing tactic, 156
constitution. See also U.S. Constitution corruption of the British government and constitution, 116
Continental Congress, anti-price control resolution, 4
Continental money, 121
Cooke, Jay, railroading, 165
corporate campaigns, 156
corporate welfare, origins of, 91
corruption, central banking, 113–16
cost, of regulation to business, 15
costs, healthcare costs, 27
cotton, price supports, 41
Couch, Jim and Shughart, William, The Political Economy of the New Deal, 202
Countrywide Bank, 140
court historians defined, 104
James Loewen, 104–07
New Gringrich and William Forstchen, 108–110
credit worthiness and underwriting standards in the sub-prime mortgage meltdown, 138
crony capitalism, about, 42–44
Custer, George Armstrong, killing of Plains Indian men, women and children, 84
czars of central planning, origin of, 19
DAY OF Deceit: The Truth about FDR and Pearl Harbor (Stinnett), 48
death penalty, price control laws in ancient Greece, 4
Declaration of Independence, Fourth of July, 63
Declaration of Independence, states’ rights, 56
deflation, late nineteenth century, 169
demand, for free healthcare, 27
democide, 78–80
democracy, Paul Krugman’s views on, 88
depression, first example of in American history, 123
Depressions, of 1920, 124
derived demand, labor as, 150
DiLorenzo’s First, Second, Third and Fourth Laws of Government, 9, 10
Diocletian, price controls, 4
discrimination, bank lending practices, 37
division of labor, asymmetric information, 193
drugs, war on, 7
ECCLES, MARRINER, as Federal Reserve Board Chairman, 132
economic fascism, about, 96–98
Economics (McConnell), 132
Economics (Samuelson and Nordhaus), 131
economy
effect of price controls in ancient Egypt, 4
effect of price controls in France, 5
education, relationship between performance and per pupil spending, 144
efficiency, and income tax deductions, 177
egalitarianism, income tax deductions, 178
Egypt, price controls in ancient Egypt, Greece and the Roman Empire, 3
electing U.S. senators, 65–67
employees. See unions
equality, in search of happiness, 187
ethics, business ethics moralizing and government behavior, 198–200
exceptionalism, 68–71
FAILURE
academic study of market failure, 11
the rewarding of in government, 9
Fannie Mae and Freddie Mac in the sub-prime mortgage meltdown, 139
farming, thievery, 40
Farrell, Warren, on the male/female wage gap, 204–206
fascialism, 96–98
economic fascism, 96–98
socialism, 98
fascism. See economic fascism
featherbedding, 145
Federal Reserve Board
boom-and-bust cycles, 125–27
cartelization of the banking industry, 12
founding of, 123
independence of, 131–35
John Steele Gordon on, 42
libertarianism and, 128–30
list of regulatory responsibilities, 10
role of, 100
sub-prime mortgage meltdown, 136–40
federalism, 55–58
fetcher bills, 34
fiat paper money, Massachusetts, 121
financial markets, regulation of, 10
Food Lion, 157
foreign policy
asymmetric information, 196
Ron Paul on, 45
Forstchen, William, 108–10
Forty Centuries of Wage and Price Controls (Schuettinger and Butler), 3–6
Fourth of July, 63
France, Law of Maximum, 5
Freddie Mac and Fannie Mae in the sub-prime mortgage meltdown, 139
free speech, effect of business regulation on, 16
freedom of commerce, basis for civilization, 45
Frey, Bruno
happiness research, 187
happiness research conclusions, 190
the social welfare function, 188
Friedman, Milton on healthcare, 26
on income tax deductions, 179
monetary rule, 133
on unionized government bureaucracies, 144
GALLAWAY, LOWELL, and Richard Vedder, Out of Work: Unemployment and Government in Twentieth-Century America, 183
Gas Light Company of Baltimore, The (Brown), 173, 174
gasoline, threat of price controls, 3
General Motors, anti-trust regulation, 23
Germany
fascism philosophy, 96
price controls following the World War II, 5
regulatory bureaucracy in the 1930s compared the United States
today, 18–20
Gingrich, Newt, 108–10
Goering, Hermans, on price controls in Germany following World War II, 5
Gordon, John Steele, on the Federal Reserve, 42
Gordon, Robert J., on the politicization of monetary policy, 135
government-business partnerships, 97
government employee unions, 143–60
grain
Munn v. Illinois (1877 Supreme Court), 11
price controls in ancient Greece, 4
price controls in France, 5
Gray, Horace M., on natural monopolies, 174, 175
Great Depression. See also Great Depression
compared to the Depression of 1920, 124
Murray Rothbard on, 127
New Deal, 180–84
unemployment, 202
Great Northern, The, 164, 166
Greece
happiness and, 185
price controls on grain in ancient Greece, 4
greenbacks, origin of, 123
Greenspan, Alan, Federal Reserve Board responsibilities, 128–30
HABEAS CORPUS, Abraham Lincoln’s suspension of, 88
Haggard, Thomas R. and Thieblot, Armand T., Jr., Union Violence: The Record and the Response by Courts, Legislatures, and the NLRB, 148
Hamilton, Alexander
Bank of the United States, 113
crony capitalism, 42–44
father of central banking, 122
mercantilism, 114
happiness, measurement and creation of, 185–91
Hayek, on markets and asymmetric information, 192–97
Hayek, F.A.
on regulatory bureaucracy in Germany, 18
on socialism, 98
on socialism and egalitarianism, 188
use of knowledge in society, 193
Hazlett, Thomas, on natural monopoly in the cable television industry, 175
health care, effects of the war of drugs on, 7, 8
Hepburn Act of 1906, 167
Higgs, Robert, on the effects of World War I, 121
Hill, J. James, railroading, 164–67
Hitler, Adolf, on centralizing state power, 75–77
housing boom, 126
Human Action (Mises), war and the international division of labor, 46
IBM, ANTI-trust regulation, 23
ideology, unions, 150–52
imperialism
Alexander Hamilton’s role in introducing to America, 43
American, 81–85
income tax, 176
as a cause of the Civil War, 89
initiation of, 100
Independence Day, meaning of, 63
indexation, inflation and bracket creep, 38
inequality and the division of labor, 193
inevitably argument for unifying state power, Adolf Hitler on, 76
inflation. See also price inflation bracket creep and indexation, 38
property taxation, 39
information, politicians and the media, 9
innovation, jobs and anti-trust regulation, 24
instigationism, 45–48
interest rates
effects of lowering, 125
sub-prime mortgage meltdown, 136–40
international division of labor, basis for civilization, 45
Interstate Commerce Act of 1887, 167
Interstate Commerce Commission (ICC), 12
irresponsibility, politicians, 9
isolationism, instigationists, 46
Italy, fascism philosophy, 97
JAY, JOHN, on states appointing U.S.
senators, 66
Jefferson, Thomas
on Alexander Hamilton’s system of institutionalized corruption, 115
on the constitutionality of Bank of the United States, 113
Declaration of Independence and the right of secession, 63
hard money, 43
Kentucky Resolution, 60
states’ rights, 55
job creation, 201–203
journalism. See media
KANE, EDWARD, on the politicization of monetary policy, 135
Kennett, Lee, on William Techuseh Sheraman and the war against the Plains Indians, 82
Kentucky Relolves, nullification of the Sedition Act, 59, 60
Keynesianism, and happiness research, 189
Klein, Joe, making accusations of sedition, 99, 102
Krugman, Paul, Civil War, 86–89
LAISEZ-FAIRE, government perception of, 10
Law of Maximum, effect of price controls in France, 5
Lee, General Robert E.
Paul Krugman on Lee’s surrender at Appomattox, 86
states’ rights, 57
Legal Tender Act of 1862, 123
leisure, union role in assuring, 153
liberal bias in media reporting, 49
Liberia, Abraham Lincoln’s offer to free black men, 110
Lincoln, Abraham
Adolf Hitlers’ repetition of Lincoln arguments for abolishing states’
rights in Germany, 75
defense of Southern slavery, 47, 90
on legitimacy of secession of the Southern States, 79
master of thievery, 33
mythology about, 72–74
Newt Gingrich and William Forstchen on, 108
tariffs, 105
Loewen, James, 104–07
loopholes, tax loopholes, 176–79
Lucas, Robert and Rapping, Leonard, on monetary expansion during the Great Depression, 182
Luddites, 24
Lyon, Mathew, opposition to the Sedition Act, 60
MACROECONOMICS, THE Great Depression and the New Deal, 180–84
Madison, James, on states appointing U.S. senators, 66
marginal revenue product, 150
market, non-violent competition, 147
markets, 161–206
academic study of market failure, 11
asymmetric information and the Nirvana Fallacy, 192–97
compared to government services, 146
ethics, 198–200
happiness, 185–91
job creation, 201–203
male/female wage gap, 204–206
natural monopolies, 172–75
New Deal, 180–84
robber barons, 163–67
Sherman Antitrust Act of 1890, 168–71
tax loopholes, 176–79
Marks, Bruce, Community Reinvestment Act, 137
Marshal, John, U.S. Supreme Court’s role in arbitrating the U.S. Constitution, 118
Marshall, S.L.A., on the Sand Creek Massacre, 84
Massachusetts, fiat paper money, 121
McChesney, Fred S., Money for Nothing: Politicians, Rent Extraction, and Political Extortion, 34
McConnell, Campbell, on the role of the Federal Reserve Board, 132
McPherson, James, on democide in the Southern States, 79
Meckling, William and Jensen, Michael, on liberal bias in media reporting, 49
media
relationship with government, 49–51
relationship with politicians, 9
mercantilism
Alexander Hamilton, 114
Alexander Hamilton’s role in introducing to America, 43
and anti-trust regulation, 25
Microsoft, anti-trust regulation, 21, 22
milker bills, 34
Mises, Ludwig Von
on bureaucratization of private enterprise, 14
on capitalism and improvements to wage earners’ standard of living, 153
on the division of labor, 193
Human Action, 46
on price inflation hiding the costs of war, 120
on tax loopholes, 178
on union ideology, 150, 151
unions and anti-capitalist propaganda, 153
money, 113–40
central banking corruption, 113–16
Federal Reserve Board independence, 131–35
hiding the costs of war, 120–24
libertarianism and the Federal Reserve Board, 128–30
and unemployment, 125–27
monetary expansion during the Great Depression, 182
states’ rights, 117–19
sub-prime mortgage meltdown, 136–40
Money for Nothing: Politicians, Rent Extraction, and Political Extortion (McChesney), 34
monopolies. See also central banking anti-trust regulation, 21–25
drug prohibition’s role in creating, 8
federal monetary monopoly, 123
the Federal Reserve and the banking industry, 12
government employee unions, 143–60
hypothetical employer cartels, 151
late nineteenth century, 168, 169
natural monopolies, 172–75
New Deal, 182
political monopoly versus political decentralization, 55
moral hazard problem, 126
morality, business ethics moralizing and government behavior, 198–200
Morrill Tariff rate, 106
Morris, Robert
Alexander Hamilton and mercantilism, 114
Bank of North America, 122
Munn v. Illinois (1877 Supreme Court), 11
Murphy, Thomas, on the genocide of the Plains Indians, 84
Mussolini, Benito, fascism philosophy, 97
NATIONAL CURRENCY Act of 1863 and 1864, 123
National Recovery Act, 174
natural monopolies, 172–75
natural rights, termination of, 100
New Deal, 180–84
political economy of government spending, 202
unemployment, 202
New England Federalists, nullifications stance during the War of 1812, 61
New York Times
on Abraham Lincoln, 73
Paul Krugman and columnists, 86
on the Sherman Antitrust Act of 1890 and the “Campaign Contributors’ Tariff Bill,” 171
news. See media
Nirvana Fallacy, 12
Nirvana Fallacy and asymmetric information, 192–97
Nixon, Richard, Arthur Burns and the Federal Reserve Board, 134
Nordhaus, William and Samuelson, Paul, on the role of the Federal
Reserve Board, 131
Northern Pacific (NP), 165
nullification about, 59–62
Thomas Jefferson, 56
OHANIAN, LEE E., and Harold L. Cole, on the New Deal, 180, 182, 183
Ohio, versus the Bank of the United States, 118
Out of Work: Unemployment and Government in Twentieth-Century America (Vedder and Lowell), 183
PACIFIC RAILWAY, William Tecumseh Sherman’s views on following the war
against the Plains Indians, 82
Pan American World Airways, antitrust regulation, 23
Paul, Ron
foreign policy, 45
media response to, 50
pensions, government employee unions, 144
performance, unions and, 152
Phillips curve model, in happiness research, 189
Pickett, Kate and Richard Wilkinson, The Spirit Level: Why Equality is Better for Everyone, 187
Pitgliani, Fausto, on government-business partnerships in Italy, 97
Plains Indians, war on, 82
police
as silent partners to drug gangs, 8
union violence, 148
Political Economy of the New Deal, The (Shughart and Couch), 202
political entrepreneurs, about, 163
politicians
information provision, 9
irresponsibility, 9
Powell, Ben, and David Skarbek, on sweatshops, 159
Powell, Jim, on the results of America intervening in World War I, 47
Power Kills (Rummel), 79
preferences, as expressed through individual action or public opinion surveys, 186
press. See media
price controls
about, 3–6
wage and price controls under Richard Nixon, 134
war financing, 121
price inflation
during the Civil War, 123
hiding the costs of war, 120
National Currency Act of 1863 and 1864, 123
politicization of the Federal Reserve Board, 133
World War I and the Federal Reserve Board, 123
price supports, agriculture, 40
prices
effect of James J. Hill on, 165
leading up to the Sherman Antitrust Act of 1890, 169
in monopolistic markets versus competitive markets, 175
private property, violation by income tax, 177
productivity, government employee unions, 144, 145
progressives, pro-war stance, 48
prohibition, war on drugs, 7
propaganda
anti-capitalist propaganda and unions, 153, 155
sweatshops, 158–60
property rights, regulation of business, 15
property taxation, inflation, 39
protectionism, anti-trust regulation, 21–25
public opinion surveys, in happiness research, 186
public utilities, natural monopolies, 172–75
pushbutton unionism, 157
RACIAL HIRING quotas at banks, 138
railroads
and robber barons, 164–67
war against the Plains Indians, 82
Rapping, Leonard and Robert Lucas, on monetary expansion during the Great Depression, 182
rationing, socialized healthcare, 28
RCA, anti-trust regulation, 23
recession. See also depression
redundancies, as a justification for anti-trust regulation, 24
regulation, 1–29
anti-trust regulation, 21–25
business, 14–17
healthcare, 26–29
price controls, 3–6
regulating the regulators, 9–13
regulatory bureaucracy, 18–20
war on drugs, 7
Report on Manufactures (Hamilton), 44
Republican Party
origins of the corporate welfare system, 91
tariffs, 170
responsibilities. See also irresponsibility czars of central planning, 19
Federal Reserve Board, 10, 12, 128–30
regulatory functions of the state of Alabama, 19
revenue neutrality, defined, 176
Revolutionary War, corrupt purchase of government bonds from veterans, 114
Reynolds, Morgan, on union violence, 147
Riegle-Neal Interstate Banking and Branching Efficiency Act, 140
robber barons, 163–67
Roman Empire, price controls instituted by Diocletian, 4
Roosevelt, Franklin Delano. See also New Deal
Federal Reserve Board, 132
U.S. Constitution, 101
Rossum, Ralph, on states appointing U.S. senators, 65
Rothbard, Murray
on Alexander Hamilton and mercantilism, 114
on the Great Depression, 127, 182
on just wars, 46
on preferences as expressed through individual action or public opinion
surveys, 186
on the re-chartering of the Bank of the United States, 122
the role of Federal Reserve, 12
on the statist bias in the media, 50
on tax loopholes, 178
Rummel, R.J., on democide, 78
SACHS, JEFFREY, happiness research, 185
safety, union role in assuring, 153, 154
Salvemini, Gaetano, on the Italian bailout economy, 97
Samuelson, Paul and William Nordhaus, on the role of the Federal Reserve Board, 131
Sand Creek Massacre, 84
Schuettinger, R. and E. Butler, Forty Centuries of Wage and Price Controls, 3–6
Schwinn Bicycle Company, anti-trust regulation, 23
secession
right of, 63
role in the American union and constitutional government, 57
Second Bank of the United States, 117–19
Murray Rothbard on, 122
sedition, justification of, 99–103
Sedition Act, 59
Kentucky Relolves and nullification, 59
senators, electing, 65–67
Sherman Antitrust Act of 1890, 168–71
Sherman, William Tecumseh, war against the Plains Indians, 82
shortages
caused by price controls in ancient Greece, 4
socialized healthcare, 28
Shughart, William and Jim Couch, The Political Economy of the New Deal, 202
Skarbek, David and Ben Powell, on sweatshops, 159
slavery
Abraham Lincoln’s defense of, 47, 90
James Loewen on, 107
Smith, Adam, on financing wars with taxes as opposed to public debt, 124
Snowdon, Christopher, on happiness research, 190
social welfare function, in happiness research, 188
socialism
F.A. Hayek on, 98
happiness research, 185–91
healthcare, 26–29
income tax and property rights, 177
South Carolina, Tariff of Abominations, 105
Spanish-American War, 47
Spanish-American War of 1898, 81
The Spirit Level: Why Equality is Better for Everyone (Wilkinson and Pickett), 187
stagflation, Keynesianism, 189
Standard Oil Company, anti-trust regulation, 22
Stanton, Edwin, Abraham Lincoln’s funeral, 73
states’ rights, versus the second Bank of the United States, 117–19
states’ rights, 55–57
Adolf Hitler on abolishing in Germany, 75
appointing versus electing U.S. senators, 65
statistics, misuse of in happiness research, 187
stimulus spending, 202
Stinnett, Robert, Day of Deceit: The Truth about FDR and Pearl Harbor, 48
stock market, regulation, 14–17
strikes, violence and, 147
Stromberg, Joseph, on the Spanish-American War and the origins of American imperialism, 81, 82
Stultzer, Alois
happiness research conclusions, 190
social welfare function in happiness research, 188
sub-prime mortgage meltdown, 136–40
Sumner, William Graham
on the Spanish-American War, 47
on the Spanish-American War and the origins of American imperialism, 81
superior bargaining power fallacy, 151
Supreme Court. See U.S. Supreme Court
sweatshops, 158–60
Sywicki, Todd, on states appointing
U.S. senators, 66
T-MOBILE USA, proposed merger with AT&T, 24, 25
Tagg, Larry, Lincoln myth, 72–74
Tariff of Abominations, James Loewen on, 105
tariffs
James Loewen on, 105
Republican Party, 170
Taussig, Frank, on tariffs, 170
tax loopholes, 176–79
taxation. See also tariffs tax loopholes, 176–79
TEA party’s views on, 103
taxes, Abraham Lincoln’s policy to collect federal tariff on imports, 90
TEA party, tax reduction, 103
Thieblot, Armand J., Jr. and Thomas R. Haggard, Union Violence: The Record and the Response by Courts, Legislatures, and the NLRB, 148
thievery, 31–51
ACORN, 36
the American way, 33–35
crony capitalism, 42–44
farming, 40
inflation and indexation, 38
instigationism, 45–48
media, 49–51
total war, origin of, 69
transitional payments, agriculture, 40
treason
Abraham Lincoln’s redefinition of, 92
as defined under the U.S. constitution, 100
Treasury of Virtue, 71
UNDERWRITING STANDARDS and credit worthiness in the sub-prime mortgage meltdown, 138
unemployment and central banking, 125–27
government spending, 202
Union Pacific (UP), 164, 166
Union Violence: The Record and the Response by Courts, Legislatures, and the NLRB (Thieblot and Haggard), 148
unions, 143–60
child labor laws, 154
conspiracy against Walmart employees, 156
government employee unions, 143–60
ideology, 150–52
leisure and safety, 153
sweatshops, 158–60
violence, 147–49
United Food and Commercial Worker’s Union (UFCW), 157
United States of America, regulatory bureaucracy compared to Nazi Germany, 19
U.S. Constitution
Bank of the United States, 113
Franklin Delano Roosevelt’s decimation of, 101
treason defined, 100
U.S. Supreme Court’s role in arbitrating, 118
U.S. Supreme Court
arbitrating the U.S. Constitution, 118
reversing prior decisions that enforced Constitutional constraints on government, 101
used cars, the lemon problem, 193, 195
utility, ordinal versus cardinal, 186
VEDDER, RICHARD and Lowell Gallaway, Out of Work: Unemployment and Government in Twentieth-Century America, 183
veterans, corrupt purchase of government bonds from Revolutionary
War
veterans, 114
Vietnam War, 48
violence
as a route to success in illegal markets, 8
unions, 147–49
Virginia Resolve, 61
WAGE AND price controls under Richard Nixon, 134
wages
improvements to wage earners’ standard of living, 153
male/female wage gap, 204–06
sweatshops, 159
union wage gains effect on non-union wages, 152
Walmart, conspiracy against Walmart employees, 156
war
Abraham Lincoln’s reason for the Civil War, 47
central banking hiding the costs of, 120–24
Civil War, 68
corrupt purchase of government bonds from Revolutionary War veterans, 114
effect on the international division of labor, 46
effects of World War I, 121
FDR and Pearl Harbor, 48
Spanish-American War, 47
Spanish-American War of 1898, 81
total war, 69
Vietnam War, 48
War of 1812, nullification stance of the New England Federalists, 61
war on drugs, about, 7
Warren, Robert Penn, on the causes of the Civil War, 68–71
wars, World War I, 47
Washington, George
Bank of the United States, 113
effect on the revolutionary army of price controls on food, 4
Weintraub, Robert, on the politicization of the Federal Reserve Board, 133
welfare statism. See socialism
Wilkinson, Richard and Kate Pickett, The Spirit Level: Why Equality is Better for Everyone, 187
workers. See unions
World War I
effects of, 121
price inflation and the Federal Reserve Board, 123
reasons for America intervening, 47
World War II, price controls in Germany following, 5
