The Progressive Era Chapter 14: Federal Reserve as a Cartelization Device: Early Years, 1913-1930 (Audio book)

Progressivism brought the triumph of institutionalized racism, the disfranchising of blacks in the South, the cutting off of immigration, the building up of trade unions by the federal government into a tripartite of big government, big business, big union alliance, the glorifying of military virtues and conscription, and a drive for American expansion abroad. In short, the Progressive era ushered the modern American politico-economic system into being. http://mises.org