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The ... is... fundamental to the American Revolution and it is taught the wrong way in American schools. ...There's a wonderful book called The Bosto… - David Cay Johnston
" "The ... is... fundamental to the American Revolution and it is taught the wrong way in American schools. ...There's a wonderful book called The Boston Tea Party by Professor [Labaree]... where he... got the British records... and the American records. ...It was a protest against a ...a government tax favor to the politically connected friends of King George who owned this royal monopoly, The East India Company. They mismanaged it because... in a competitive environment managers who can't run the business are gotten rid of, or they go out of business. But in a monopoly you can mismanage for a long time, and the same thing with a and an , where there's a... scintilla of competition among a few firms. ...[T]hey were going to go bankrupt because they had all this tea that they couldn't sell, and they were going to replace a market in Boston... 7 out of 10 cups of tea drunk in November and December of 1773 were Dutch tea, but under this law that was being protested, there would be a monopoly, and only British tea could be drunk. ...[P]eople understood that ...would ...mean higher prices ...less competition ...If we have such a fundamental misunderstanding of how the country got started, then we're going to have fundamentally flawed policies that flow out of these myths.
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
Also Known As
Birth Name:
David Cay Boyle Johnston
Alternative Names:
DC Report
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Additional quotes by David Cay Johnston
He has boasted about not paying banks that loaned him billions of dollars. He conned thousands of people desperate to learn... paying up to $35,000 to attend . ...[T]hese professors turned out to be fast-food managers and others with no experience in real estate, the focus of the "university." Because of... law suits Trump paid back $25 million... so the scam would not follow him into the White House.
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