Tag Archive | "american colonies"

Tags: , , , , , , , , , , , ,

We Wouldn’t Have Teaparties If It Wasn’t For Rentseeking

We Wouldn’t Have Teaparties If It Wasn’t For Rentseeking

Those who say we tried the free market and it failed should research the history of the Boston Tea Party a little.  We didn’t even have a free market in the 18th century, a period referred to in British history as The Whig Supremacy.  Here’s the background; and to prove that there is nothing new under the sun, it involves company rent-seeking, market distortion, bailouts and stealth taxes.

As early as 1698, the English Parliament awarded the East India Company the…

Read the full story

Posted in Culture, Deregulate to Stimulate, Economy, International, Legal, Regulation, Stimulus to Nowhere, Trade, ZeitgeistComments (3)

  • Popular
  • Most Comments
  • Most Emails

About

OpenMarket.org is the blog of the Competitive Enterprise Institute. We believe that people improve their lives not through government regulation, but by making their own choices in a free marketplace. More››

Support Liberty


Give $5 each month to support our efforts to restore America's liberty.

Social Web