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The Real Robber Barons

May 21, 2011
By Daniel McLaughlin , The Post-Journal

The term "robber baron," typically conjures up images of Gilded-Age tycoons in the steel, railroad, steamship and oil industries. We all learn that business is made up of bad guys, and if it wasn't for benevolent politicians and antitrust attorneys protecting us, we would all be ground down to poverty by grasping capitalists who monopolize markets and restrict output to raise prices.

 
 

 

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