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Deconstruting the Robber Barons

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I found this PDF at Acadamia.org and throughly enjoyed it.  It goes into the first government subsidy of a steamboat business and how the individual businessman wins out without government money. 

A perfect example of private enterprise succeeding where government supported efforts failed is the invention of the airplane. The Wright Brothers succeeded without a cent of government money; meanwhile Saumuel Langley, head of the Smithsonian Institution at the time, got $50,000 of government support to produce an aircraft. Langley failed, the Wright Brothers succeeded.

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