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Patrick Newman

Cronyism: Liberty versus Power in Early America, 1607–1849 Paperback – October 27, 2021

by Patrick Newman (Author)

4.8 57 ratings

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Like Rothbard before him, Dr. Newman has authored a book that is masterfully researched and captivatingly written. Even the most voracious reader of American history will never see some of America's "Great Men" the same way again.

Cronyism: Liberty versus Power in America 1607-1849 describes the evolution of political favor seeking in early American history, from the colonial era to the Mexican War. Newman argues that cronyism emerged from the perennial clash between the forces of liberty and power. When the interventionist Federalists, National Republicans, and Whigs controlled the government, special-interest policies—central banking, protective tariffs, businesses subsidies, territorial expansion, and so on—drastically increased. However, after the libertarian Jeffersonian Republicans and Jacksonian Democrats assumed the command posts, cronyism only moderately declined before resuming its upward march. “Power,” Lord Acton teaches us, “tends to corrupt,” and slowly but surely the proponents of limited government turned into the privilege granting parties they previously despised.

This important work shows the neglected side of history the mainstream consensus doesn't want you to know: how politicians routinely dipped their hand in the public trough to benefit themselves and their supporters. Newman leaves no corrupt dealing unexposed, tracing the path of who lobbied for what legislation and how they profited at the public's expense.

Print length

364 pages
Language

English
Publication date

October 27, 2021
Dimensions

6 x 0.82 x 9 inches
ISBN-10

1610167422
ISBN-13

978-1610167420
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Product details

Publisher ‏ : ‎ Ludwig von Mises Institute (October 27, 2021)
Language ‏ : ‎ English
Paperback ‏ : ‎ 364 pages
ISBN-10 ‏ : ‎ 1610167422
ISBN-13 ‏ : ‎ 978-1610167420
Item Weight ‏ : ‎ 1.19 pounds
Dimensions ‏ : ‎ 6 x 0.82 x 9 inches

Best Sellers Rank: #813,030 in Books (See Top 100 in Books)
- #3,240 in History & Theory of Politics
- #3,493 in U.S. Political Science

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4.8 57 ratings

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4.8 out of 5

57 global ratings

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Keith D. Brilhart

Corruption in government preceeded the founding of the US and continues.

Reviewed in the United States 🇺🇸 on April 1, 2022

Verified Purchase

I've long been aware that most of what our government does is clearly unconstitutional and this book explores the legacy of corruption that begat the current mess. Some of the founders that are lionized (i.e. Alexander Hamilton) were clearly not being forthright during the constitutional convention, but most were, but later joined in with the self-dealing, etc. Much of the corruption is enabled by a manipulated currency system such as we have now, but the legacy goes back to banking in the colonies, frontier banking, the Bank of the US, second Bank of the US, etc. If you care about how we got into a system described in 2014 by a Princeton University report as an oligarchy, then it's good to know the origins.

4 people found this helpful

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Oscar

Great purchase

Reviewed in the United States 🇺🇸 on April 26, 2022

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Paperback copy came in without any bruises, brand new. Great material on the history of America’s not-so-well-known struggle between free people and special interest groups taking advantage of special legislation. Great read, would buy a hardcover copy for my next purchase

One person found this helpful

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Kyle Smith

Thoroughly Researched

Reviewed in the United States 🇺🇸 on December 28, 2021

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Patrick Newman's scholarship is exceptional. This entire book is packed with a TON of footnotes. Some of these footnotes will provide two, three, and sometimes four different sources backing up Newman's argument. I'd highly recommend this book to anyone interested in a Rothbardian analysis of government corruption in early United States history. I really hope that Dr. Newman makes a series of these books covering other periods of American history.

7 people found this helpful

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Amazon Customer

Give me part two !!!

Reviewed in the United States 🇺🇸 on February 21, 2022

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Excellent book packed with incredible research and insights . This is the American history the government does not want you to know . I can wait for the next volume . Dr Newman pulls no punches as he exposes historical figures for their Crony behaviors. This is a must read .

3 people found this helpful

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Brittanie G

Fact-filled brilliance

Reviewed in the United States 🇺🇸 on November 13, 2021

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This book should be read by every person curious in the least about real American history! I am absolutely enraptured and simultaneously discouraged by the lack of my public education. If you’re interested in how elites have managed to maintain a stronghold despite Americans best efforts - this is the book for you! Love love love!

8 people found this helpful

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David Zientara

Excellent synopsis of history from a libertarian perspective

Reviewed in the United States 🇺🇸 on February 19, 2022

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In his usual lucid style, Patrick Newman presents a perspective of history and demonstrates how liberty and power are at cross purposes. I recommend it, as well as the Mises-sponsored podcast.

4 people found this helpful

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stevo

Jeffersonianism (lost) replaced by Hamiltonianism.

Reviewed in the United States 🇺🇸 on January 18, 2022

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Excellent review of how Jefferson abandoned Jeffersonianism and how Hamilton, Marshall and others corrupted our legal and economic systems. If Lyn Manuel Miranda knew history, his broadway homage to H might have been a little different.

5 people found this helpful

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Philip Vecchio

Excellent scholarship, easy to read.

Reviewed in the United States 🇺🇸 on February 12, 2022

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This book doesn't excellent job examining American history and goes beyond the stereotypes and simple answers and go straight to the heart of history.

One person found this helpful

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Norman Rohr

Enlightening bok

Reviewed in Germany 🇩🇪 on December 15, 2021

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Eye-opining oeuvre! I had no clue that right with the American revolution chronyism started and that notable figures such as President Washington played an important role. Very sad.

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