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Building the Ruling Elite

  • Audio Mises Daily
June 10, 2010

Tags Big GovernmentInterventionismMonopoly and Competition

The system of mercantilism needed no high-flown "theory" to get launched. It came naturally to the ruling castes of the burgeoning nation-states. Theory came later — to sell to the deluded masses, writes Murray N. Rothbard (1926–1995).

This audio Mises Daily is narrated by Jeff Riggenbach.

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