Pax Economica by Marc-William Palen, 1873 by Liaquat Ahamed, and The Marginal Revolutionaries by Janek Wasserman each explore the critical distinctions between markets and capitalism. They highlight how free trade serves as a radical political cause linked with democracy and peace while critiquing the monopolistic practices that undermine true market freedom.
The content discusses the political and economic transformations in early 20th-century America, focusing on Theodore Roosevelt, William Howard Taft, and the establishment of the Federal Reserve. It highlights Roosevelt’s innovative use of the presidency for reform, the challenges of congressional power dynamics, and the evolution of financial regulation through the Federal Reserve Act, illustrating a complex interplay between corporate power and federal authority.
The Beginning of Terror 