“In a response to a comment to a previous post, I referenced Gabriel Kolko, a historian generally considered to be a hard-nosed leftist, who demonstrated that the wave of federal economic regulation in the ‘progressive’ era was almost all inspired by and in some cases written by lawyers and lobbyists for big business, which sought to use government power to stifle the competition that arises in a free market and make things more ‘efficient’ (and profitable for them). The book in question is The Triumph of Conservatism, which is well worth buying and reading, especially if you’re interested in going beyond the simplified summary history you get in high school.” (01/14/10)