The Myth of the Robber Barons: A New Look at the Rise of Big Business in AmericaIn his book The Myth of the Robber Barons, Folsom distinguishes between political entrepreneurs who ran inefficient businesses supported by government favors, and market entrepreneurs who succeeded by providing better and lower-cost products or services, usually while facing vigorous competition. |
Contents
Commodore Vanderbilt and the Steamship Industry | 1 |
Andrew Mellon and the 1920s CHAPTER SEVEN | 103 |
Entrepreneurs vs the Historians APPENDIX | 121 |
Notes | 135 |
| 164 | |
Common terms and phrases
33rd Congress American Andrew Mellon argued armor barrels became Bethlehem Steel Blakey bought build built California lines Carnegie Coal Company Collins compete competition Congress Coolidge corporation costs County Cunard dollars earned economic entrepreneurship ETLC Eugene Grace example fare federal aid Folsom gave George Scranton helped Henry Villard Hepburn Act Hessen Hill Hill's historians History of Scranton income tax industry investments Iron and Coal James John Joseph Scranton Josephus Daniels Lackawanna Iron Lackawanna Valley land Luzerne County market entrepreneurs Mellon Plan million mobility monopoly nation Northern Securities Northwest passengers Pennsylvania percent political entrepreneurs president problem profits railroad rails revenue rich Robber Barons Robert Rockefeller Rockefeller's Scran Scranton group Selden sell Senator Sherman ships sons Standard Oil steamboat steamship subsidies tariffs Taxation textbooks Thomas Throop trade transcontinental U. S. Steel Union Pacific University Press Vanderbilt Villard wanted wealth Wilkes-Barre William York