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What is the relevance of the Abraham Lincoln quote? He is not noted for his economic policy. In fact most presidents of his era had very bad economic policy and
by missedthecue 3y ago
What is the relevance of the Abraham Lincoln quote? He is not noted for his economic policy. In fact most presidents of his era had very bad economic policy and engaged in a great deal of protectionism, colonialism, cronyism, and inefficient agricultural subsidies, among other harmful measures.
- jmyeet 3y agoBecause most people don't realize Lincoln was basically a Marxist. The pendulum has swung so far from that norm in the modern day, thanks largely to an Ayn Rand objectivism-fuelled orgy of biollionaire "pull yourself up by your bootstraps" propaganda.
- missedthecue 3y agoI think it's rather due to the fact that like most other disciplines, the economic sciences have been further fleshed out since 1858. We no longer re-use unwashed surgical instruments, and we no longer subscribe to marxist ideology. No one likes Lincoln for his economic opinions.