Posts Tagged ‘Andrew Carnegie’

  • Self-interest represents the seeds that blossom into economic growth.

    Job Creators or Robber Barons?

    Oct 3, 12 • 116 Views • Businesses, Economic Debates, Economic History, Economic Thinkers, Government, Households, Innovation, Macroeconomic Measurement, Regulation, Thinking Economically, Uncategorized, US Presidential Election2 Comments

    I have confessed before that I admire the entrepreneurs who have been called the robber barons. Carnegie and steel, Rockefeller and oil, J.J. Hill and railroads, Morgan and money. These men and others from their 19th century world competed lethally. On the...

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    Debating the Inheritance Tax

    Jun 12, 10 • 110 Views • Economic History, GovernmentNo Comments

    Death usually means some money for Uncle Sam and the rest for the real relatives (and unrelated heirs). As a result, when John D. Rockefeller died in 1937, his heirs received 30% of his fortune and the U.S. government got the rest. During March, 2010,...