215. Rothbard's The Progressive Era, with Patrick Newman
The Bitcoin Standard Podcast
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Redefining the Post-Civil War Economy
The chapter challenges the mainstream view of the post-Civil War era as a depression, highlighting Rothbard's perspective on the period as one of innovation and positive advancements despite falling prices. It emphasizes the role of market dynamics and lack of government intervention in economic cycles, debunking the notion of a 'long depression' from 1873 to 1896. The chapter also explores the impacts of technology progression, monopolistic practices, and the influence of government policies during the Progressive Era on the American economy.
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