Wednesday, September 2, 2009

"The Legacy of Progressivism"

From the Foundation for Economic Education.

"The national debt runs out of control. The Federal Reserve System has purchased hundreds of billions of dollars of private assets by creating new money out of thin air. The number of prisoners in the nation’s jails continues to grow to new records every year. Government at all levels systematically erodes our liberties.

All these things and more are symptomatic of the modern age, but the problems we face today are the legacy of a movement that occurred more than a century ago: the Progressive Era, which ran from the late 1800s to the end of World War I. Because most people are not aware of Progressivism and its legacies, I would like to educate the readers a bit."

To read the entire article, click here.

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