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Perhaps this, and the related book, will explain it better: http://www.fee.org/nff/the-myth-of-the-robber-barons/

You say you don't read Mises, but then you peddle literature from an organization that exists explicitly to spread his (and a handful of others') ideology.

http://news.ycombinator.com/item?id=4650573

Whoops, I forgot that Mises is the only source of knowledge about economics. Silly me.

If you don't like my reading suggestions, then perhaps try a Milton Friedman youtube video:

http://www.youtube.com/watch?v=dmzZ8lCLhlk

Great, so you don't do Mises, but you do Mises' academic son, Friedman. Same stuff, different packaging.

Actually they have pretty different approaches to economics, yet they end up with similar conclusions (except for differences regarding the control of the supply).

And you say that like it's a bad thing, when in reality we could use a healthy dose of economic conservatism right now.

And you say that like it's a bad thing, when in reality we could use a healthy dose of economic conservatism right now.

Ah, I do love you right-wingers. At the very moment we're overdosing on your ideology, you insist that it has never been tried and is needed more than ever!

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