The Restoration and the Navigation Acts
One of the most far-reaching actions of the Restoration was a series of Navigation Acts, by which England imposed mercantilist restrictions on its empire.
One of the most far-reaching actions of the Restoration was a series of Navigation Acts, by which England imposed mercantilist restrictions on its empire.
In exchange for an income tax King George III would have conceded every point made against him by the colonists.
Millions suffer because their governments obstruct domestic saving and capital formation and keep foreign capital out.
This classic article by Leonard Read illustrates how completely dependent the world is on the division of labor.
The progressing bureaucratization of big business is by no means the result of a tendency inherent in the development of the capitalist economy.