Burton W. Folsom Jr.





Burton W. Folsom Jr.


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Burton W. Folsom, Jr. (born 1947 in Nebraska) is an American historian and author who holds the Charles F. Kline chair in history and management at Hillsdale College and is a senior fellow in economic education for the Mackinac Center for Public Policy.

Burton W. Folsom Jr. isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.

Posted by Anita Folsom


Why are so many people fueled by hate these days?  A good question.  The answer:  We are reaping the results of decades of bad ideas taught by activists who want equality in society – total equality.  And total equality is not only impossible, it’s a theory that leads to disaster.


Total equality was the goal of the communist governments of eastern Europe, led by the former...

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Published on September 21, 2015 00:14 • 62 views
Average rating: 4.09 · 1,812 ratings · 180 reviews · 13 distinct works · Similar authors
New Deal or Raw Deal?: How ...

4.10 avg rating — 1,169 ratings — published 2008 — 13 editions
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The Myth of the Robber Baro...

4.17 avg rating — 440 ratings — published 1991 — 3 editions
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FDR Goes to War: How Expand...

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3.76 avg rating — 78 ratings — published 2011 — 9 editions
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Death on Hold: A Prisoner's...

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3.94 avg rating — 36 ratings — published 2015 — 6 editions
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Uncle Sam Can't Count: A Hi...

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4.40 avg rating — 25 ratings — published 2014 — 3 editions
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Empire Builders: How Michig...

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3.85 avg rating — 20 ratings — published 1998 — 2 editions
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A Republic--If We Can Keep It

really liked it 4.00 avg rating — 20 ratings — published 2011 — 2 editions
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Entrepreneurs Vs. the State

4.09 avg rating — 11 ratings — published 1987
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The Industrial Revolution a...

3.78 avg rating — 9 ratings — published 1981 — 2 editions
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Prohibition Fallacies

it was amazing 5.00 avg rating — 1 rating — published 2014
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“In crafting the Constitution, the Founders emphasized process, not results. If we follow the Constitution, we won’t have a perfect society, which is unattainable by imperfect humans. But we will provide opportunity for people to use their natural rights to pursue the acquisition of property and their personal happiness. The results may yield sharp inequalities of income, but the process will guarantee chances for almost everyone.”
Burton W. Folsom Jr., New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America

“The second point is that, in the key industries we have studied, the state failed as an economic developer. It failed first as a subsidizer of industrial growth. Vanderbilt showed this in his triumph over the Edward Collins' fleet and the Pacific Mail Steamship Company in the 1850s. James J. Hill showed this forty years later when his privately built Great Northern outdistanced the subsidized Northern Pacific and Union Pacific. The state next failed in the role of an entrepreneur when it tried to build and operate an armor plant in competition with Charles Schwab and Bethlehem Steel. The state also seems to have failed as an active regulator of trade. The evidence in this study is far from conclusive; but we can see problems with the Interstate Commerce Commission and the Sherman Anti-trust Act, both of which were used against the efficient Hill and Rockefeller.”
Burton W. Folsom Jr., The Myth of the Robber Barons

“in the 1890s, American rails were inferior to some foreign rails, so Hill bought English and German rails for the Great Northern. The subsidized transcontinentals were required in their charters to buy American-made steel, so they were stuck with the lesser product. Their charters also required them to carry government mail at a discount, and this cut into their earnings. Finally, without Congressional approval, the subsidized railroads could not build spur lines off the main line. Hill's Great Northern, in contrast, looked like an octopus, and he credited spur lines as critical to his success.”
Burton W. Folsom Jr., The Myth of the Robber Barons

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