Quantum Windbag
Gold Member
- May 9, 2010
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May 24, 1844
Samuel F.B. Morse telegraphs: What hath G-d wrought? from Washington to Baltimore Anne Ellsworth, the daughter of the commissioner of patents, had chosen the phrase for Morse. The test was a success, and on May 29th news of James K. Polks nomination flashed across the 40 miles to Washington.
laissez faire capitalism was shown to be a massive failure, enriching only robber barons and the like.
a combination of free market and governmental intervention (like the sherman anti-trust act, the FLSA, etc) have always been better and have always been successful.
unless, of course, you live in a fantasy world.
When was that, I must have missed it in my history classes, all I remember are the railroad tycoons who were granted government enforced monopolies.