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Nine Things Everyone Gets Wrong about History

December 23, 2022 By Richard C. Young

During the Great Depression unemployed men queued outside a soup kitchen opened in Chicago by Al Capone. The storefront sign reads ‘Free Soup.’ By Everett Collection @ Shutterstock.com

Originally posted on November 28, 2022.

In his letter, Tom Woods explains that off the top of his head, there are at least nine things that everyone gets wrong about history. The unfortunate part is just how consequential some of these mistaken beliefs are in everyday life. He writes:

I thought of these in about ten seconds.

That means there are way, way more than nine.

How many of these can you smash until the pieces are particles of dust?

(1) The financial crisis of 2008 was caused by deregulation.

(2) “States’ rights” are code words for slavery and oppression.

(3) The Constitution’s “general welfare” clause means Congress may pass whatever legislation it thinks will help the country.

(4) The Great Depression was caused by capitalism run amok.

(5) The 19th-century “robber barons” were parasites who gouged consumers.

(6) Secession is unconstitutional.

(7) Capitalism hurts the poor.

(8) Racial disparities in income are caused by discrimination.

(9) World War II got us out of the Great Depression.

Smashing government propaganda is what I specialize in.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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