1/ IIRC Standard Oil was a piss poor "monopoly", continuously being out-competed by upstarts which underpriced them, forcing S.O. to continuously acquire said competitors to maintain their prices, which further incentivized would-be founders >>>https://twitter.com/StephenFleming/status/1266375283482845186 …
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4/ is presented as "evening the playing field" without any understanding of what it's like to run a business, and how it's a !@# -ton more costly to deal with 1,000 customers each shipping 1 ton than 1 customer shipping 1,000 tons. "Civil service reform" moved us from a system
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5/ where left and right took turns flushing enemy bureaucrats and installing their own, to a new system where the left has their bureaucrats permanently in place, forming an unelected shadow government. Popular election of senators is heralded as a great democratic reform >
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6/ and not as what it actually was: a coup by the national level government against the individual state governments. Prohibition (which started in the late 1800s at a state level) is presented as a noble experiment which - ooops - and not as the creation of the mafia. etc
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7/ No, I got woke to the PQ over several years, from a lot of scattered reading, about 30 years ago. Can't recommend a short bibliography, unfortunately.
@AmityShlaes on the late Progressive era / Depression is excellent tho https://www.amazon.com/dp/B000ROKXXI/ https://twitter.com/Auberon_Quin/status/1266377724056100874 …This Tweet is unavailable.Show this thread
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hey now I am not _that_ old
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