Daniel Henninger highlighted recently in The Wall Street Journal a book titled "The Myth of the Robber Barons: A New Look at the Rise of Big Business in America," written in 1991 by Dr. Burton Folsom Jr., senior fellow in economic education for the Mackinac Center.
The book, Henninger explains, provides insight into what he calls "market entrepreneurs," who focused on product and price and were successful without government favors, as opposed to "political entrepreneurs," which the current legislative atmosphere is fostering.
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