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Jean-Baptiste Colbert

  • Audio Mises Daily
May 21, 2010

Tags World HistoryInterventionismProduction TheoryValue and Exchange

France's absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despite that its early industrial development had seemed promising and that its population was six times that of England, writes Murray N. Rothbard (1926–1995).

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