Description: 100 years ago this week, white mobs in Tulsa, Oklahoma burned down the Black neighborhood of Greenwood (known as Black Wall Street) and committed massacres. Bill and Rachel explore the unique economic factors that created Greenwood.
Description: Beyond “natural monopolies,” the second industrial revolution beginning in the 1870s probably required the formation of monopolies like Standard Oil, but did those monopolies have to be in private hands? Bill and Rachel investigate.
Description: Rachel and Bill explain how Rockefeller pushed his way to the top position in the early U.S. oil industry in the early 1870s and began to form a monopoly. (This episode is a continuation of the narrative in part 1.)