Redefining the Robber Barons

This chapter reevaluates the historical narrative surrounding antitrust laws and the so-called 'robber barons' of the 19th century, arguing that government intervention was not essential to break up monopolies. It highlights successful entrepreneurs like James J. Hill and John D. Rockefeller, suggesting their contributions to society were often overlooked in favor of negative portrayals. The discussion includes critiques of mainstream economic views and explores the biases in historical biographies that shape our understanding of these influential figures.