Libertarian myth:” The United States was founded on small government that did not interfer with “Free Trade” and did not impose taxation or regulation on trade.” FALSE There were two major competing ideologies The Jeffersonian (which is closer to theirs) and the Washington/Hamiltonian view, which advocated a centralized bank,national taxation and regulation of business including tariffs. Interestingly Jefferson came to adopt most of the Hamilton/Washington plan as necessity.
Posted on: Fri, 18 Oct 2013 19:47:06 +0000
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