Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
greatly to only 8,000 sacks. The only benefit to Englishmen from this disastrous policy (apart from the joint short-term gains to King Edward and to the Staplers) was important, going to the countryside or to new towns meant that the expanding and innovating textile industry could escape from the stifling guild restrictions and to a few thousand two centuries earlier, sophisticated production and marketing innovations took place. Establishing a “putting-out” system, merchants paid artisans