The Real Lincoln
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The Real Lincoln
''The Real Lincoln: A New Look at Abraham Lincoln, His Agenda, and an Unnecessary War'' is a biography of Abraham Lincoln written by Thomas J. DiLorenzo, a professor of economics at Loyola University Maryland, in 2002. He was severely critical of Lincoln's United States presidency. Summary DiLorenzo criticizes Lincoln for the suspension of habeas corpus, violations of the First Amendment, war crimes committed by generals in the American Civil War, and the expansion of government power. He argues that Lincoln's views on race exhibited forms of bigotry that are commonly overlooked today, such as belief in white racial superiority, against miscegenation, and even against black men being jurors. He says that Lincoln instigated the American Civil War not over slavery but rather to centralize power and to enforce the strongly protectionist Morrill Tariff; similarly, he criticizes Lincoln for his strong support of Henry Clay's American System economic plan. DiLorenzo regards Lincoln ...
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Thomas DiLorenzo
Thomas James DiLorenzo (; born August 8, 1954) identifies as an adherent of the Austrian School of economics. He is a research fellow at The Independent Institute, a senior fellow of the Ludwig von Mises Institute,Faculty Directoryan, ''accessed November 22, 2013''. Life and work Thomas James DiLorenzo grew up in western Pennsylvania, descended from Italian immigrants. In an autobiographical essay he attributes his early commitment to individualism to "playing competitive sports." His view of politicians in the small western cities of the state was that they were in it for personal aggrandizement. He thought his family and neighbors worked hard and perceived other people getting advantages from the government. As a youth in the 1960s, he began to think that the "government was busy destroying the work ethic, the family, and the criminal justice system." Although not at an age to be concerned about the Vietnam War draft, he concluded that other young men turned themselves inside o ...
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Jury
A jury is a sworn body of people (jurors) convened to hear evidence and render an impartiality, impartial verdict (a Question of fact, finding of fact on a question) officially submitted to them by a court, or to set a sentence (law), penalty or Judgment (law), judgment. Juries developed in England during the Middle Ages and are a hallmark of the English common law system. As such, they are used by the United Kingdom, the United States, Canada, Ireland, Australia, and other countries whose legal systems were derived from the British Empire. But most other countries use variations of the European Civil law (legal system), civil law or Islamic sharia, sharia law systems, in which juries are not generally used. Most trial juries are "petit juries", and usually consist of twelve people. Historically, a larger jury known as a grand jury was used to investigate potential crimes and render indictments against suspects. All common law countries except the United States and Liberia hav ...
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Political Science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and laws. Modern political science can generally be divided into the three subdisciplines of comparative politics, international relations, and political theory. Other notable subdisciplines are public policy and administration, domestic politics and government, political economy, and political methodology. Furthermore, political science is related to, and draws upon, the fields of economics, law, sociology, history, philosophy, human geography, political anthropology, and psychology. Political science is methodologically diverse and appropriates many methods originating in psychology, social research, and political philosophy. Approaches include positivism, interpretivism, rational choice theory, behaviouralism, structuralism, post-struct ...
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Free Trade
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are inte ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ...
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Protectionism
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the Import substitution industrialization, import-competing sector in the country from foreign competitors. Opponents argue that protectionist policies reduce trade and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries protected against. Protectionism is advocated mainly by parties that hold Economic nationalism, economic nationalist or left-wing positions, while economically right-wing political parties generally support free trade. There is a consensus among economists that protectioni ...
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New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recovery of ...
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Franklin Roosevelt
Franklin Delano Roosevelt (; ; January 30, 1882April 12, 1945), often referred to by his initials FDR, was an American politician and attorney who served as the 32nd president of the United States from 1933 until his death in 1945. As the leader of the Democratic Party, he won a record four presidential elections and became a central figure in world events during the first half of the 20th century. Roosevelt directed the federal government during most of the Great Depression, implementing his New Deal domestic agenda in response to the worst economic crisis in U.S. history. He built the New Deal Coalition, which defined modern liberalism in the United States throughout the middle third of the 20th century. His third and fourth terms were dominated by World War II, which ended in victory shortly after he died in office. Born into the prominent Roosevelt family in Hyde Park, New York, he graduated from both Groton School and Harvard College, and attended Columbia Law Scho ...
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Anarcho-capitalist
Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, the non-aggression principle, free markets and the right-libertarian interpretation of self-ownership, which extends the concept to include control of private property as part of the self. In the absence of statute, anarcho-capitalists hold that society tends to contractually self-regulate and civilize through participation in the free market, which they describe as a voluntary society involving the voluntary exchange of services and goods. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and/or insurance companies selected by customers which would operate competitively in a market and fulfill the roles of courts and the police. ...
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Alexander Hamilton
Alexander Hamilton (January 11, 1755 or 1757July 12, 1804) was an American military officer, statesman, and Founding Father who served as the first United States secretary of the treasury from 1789 to 1795. Born out of wedlock in Charlestown, Nevis, Hamilton was orphaned as a child and taken in by a prosperous merchant. He pursued his education in New York before serving as an artillery officer in the American Revolutionary War. Hamilton saw action in the New York and New Jersey campaign, served for years as an aide to General George Washington, and helped secure American victory at the Siege of Yorktown. After the war, Hamilton served as a delegate from New York to the Congress of the Confederation. He resigned to practice law and founded the Bank of New York. In 1786, Hamilton led the Annapolis Convention to replace the Articles of Confederation with the Constitution of the United States, which he helped ratify by writing 51 of the 85 installments of ''The Federalist ...
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American System (economic Plan)
American System may refer to: * American System (economic plan), an 1800s economic program of Henry Clay and the Whig Party based on the "American School" ideas of Alexander Hamilton * American system, an informal name for the Universal Numbering System dental notation introduced in the US in the 1800s * American system of manufacturing, a set of manufacturing methods that evolved in the 19th century in the US * American system passenger coach or "open coach", a style of railway passenger coach first introduced in the 1800s in the US * United States customary units United States customary units form a system of measurement units commonly used in the United States and U.S. territories since being standardized and adopted in 1832. The United States customary system (USCS or USC) developed from English units ...
, a system of measurement used in the US {{disambig ...
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Henry Clay
Henry Clay Sr. (April 12, 1777June 29, 1852) was an American attorney and statesman who represented Kentucky in both the U.S. Senate and House of Representatives. He was the seventh House speaker as well as the ninth secretary of state, also receiving electoral votes for president in the 1824, 1832, and 1844 presidential elections. He helped found both the National Republican Party and the Whig Party. For his role in defusing sectional crises, he earned the appellation of the "Great Compromiser" and was part of the "Great Triumvirate" of Congressmen, alongside fellow Whig Daniel Webster and John C. Calhoun. Clay was born in Hanover County, Virginia, in 1777, beginning his legal career in Lexington, Kentucky, in 1797. As a member of the Democratic-Republican Party, Clay won election to the Kentucky state legislature in 1803 and to the U.S. House of Representatives in 1810. He was chosen as Speaker of the House in early 1811 and, along with President James Madison, led ...
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