Big Business Powered the Progressive Era

Big Business Powered the Progressive Era
“Man Controlling Trade” statue is one of a pair by Michael Lantz in front of the Federal Trade Commission building in Washington, D.C., on May 6, 2022. Rosemarie Mosteller/Shutterstock
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Commentary
Conventional historiography of the Progressive Era weaves a fable of wise public servants using federal regulation to reign in the wild powers of the competitive market economy, all in the interest of the common man. The image is summed up by the statue that still stands in front of the Federal Trade Commission: a strong man holding back a wild horse.
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]