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#54 The Epic Life of Cornelius Vanderbilt

Founders

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Vanderbilt's Influence on the American Economy

No other individual made an equal impact over such an extended period on America's economy and society. He played a leading part in the creation of a new entity, the giant corporation that would dominate the American economy after his death. His guiding principle was to mind my own business. Even as he demonstrated the creative power of a market economy, he also exacerbated problems that would never be fully solved.

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