Charles A. Conant, Surplus Capital, and Economic Imperialism
Rothbard shows how Conant’s claim that mature economies must export capital abroad linked banking reform to economic imperialism.
Rothbard shows how Conant’s claim that mature economies must export capital abroad linked banking reform to economic imperialism.
Treasury secretaries Lyman Gage and Leslie Shaw used government deposits to aid the banks and inch the country toward central banking.
The first organized big-business push for banking reform.
Why the nation’s big banks grew dissatisfied with the post–Civil War National Banking System.
Rothbard frames the 1913 Federal Reserve Act as part of the Progressive drive from laissez-faire toward centralized statism.
Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?
The famed "Custer's Last Stand" at the hands of Native Americans defending their villages is a reminder of the brutality of the US war against the Plains Indians. History tells us that the "heroic" George Armstrong Custer was really the "reckless" Custer who died underestimating his foe.
Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?
The famed "Custer's Last Stand" at the hands of Native Americans defending their villages is a reminder of the brutality of the US war against the Plains Indians. History tells us that the "heroic" George Armstrong Custer was really the "reckless" Custer who died underestimating his foe.
Modern historians rarely have told the truth about the history of capitalism, and especially in the early days of the Industrial Revolution. It is time to set the record straight.