3min chapter

Policy@McCombs cover image

Adversaries of Classical Liberalism

Policy@McCombs

CHAPTER

The Street of Palaces

This is democratic with a K at the end editorials, and it's a collection of writings by an American writer named William Leggett. In his day, I was back in the 1830s, there were definitely people who were acting in the position of the European aristocrats now in the United States. He has an editorial that Larry put in here called The Street of Palaces. And he says, yes we have such a street, it is called Wall Street, where the bankers at his time, the privileged state bankers lived. Our script, nobility, aristocrats clothed with special immunitieswho control indirectly but certainly the political power of the state monopolize the most copious sorts of

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