Folsom received his BA from Indiana University in 1970, his M.A. from the University of Nebraska in 1973, and his doctorate in history from the University of Pittsburgh in 1976. Since 1988 he has edited Continuity: a Journal of History. He is a frequent columnist in the libertarian Freeman magazine and also contributes to other publications writing in favor of free market economics and limited government. He taught American history at Murray State University (KY) from 1976 to 1994.
Folsom has written several books that revise commonly held views about the role of capitalism in the social developments of the Industrial Revolution and the Gilded Age. Folsom believes the term robber barons is a misnomer, and that many leaders in big business were constructive visionaries who benefited consumers and were integral to the development of industry.
As Presidents’ Day 2023 approaches, we can anticipate the annual ritual of polls of scholars ranking the presidents ... Timing is crucial ... Compare the 1990s to the 2000s ... (Read the details in Burton Folsom Jr.’s excellent history, New Deal or Raw Deal? ... .