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ktothemc
3825 days ago
Central planning of the US economy & powerful big government (1930s & beyond) was a Progressive Era initiated reaction to the era of robber barons & crony capitalism (1870s-1910s).
1 comments
williamcotton
3825 days ago
The U.S. had plenty of centralized planning in the form of protectionism well before the 20th century.
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vezzy-fnord
3825 days ago
Correct. The United States was strongly mercantilist throughout the 19th century:
https://en.wikipedia.org/wiki/American_School_%28economics%2...
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