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Conventional wisdom is brimming with economic myths: the Industrial Revolution impoverished the masses; bobber barons were the scourge of the Gilded Age; the Great Recession was caused by irresponsible deregulation.
Senator Phil Gramm and economist Don Boudreaux attempt to set the record straight in their new book, “The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism.”
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