Seeing the rise of effective new competition, the older artisans and manufacturers turned to the state apparatus to try to shackle the efficient upstarts. But again and again, the market managed to get a leg up in its unending, zigzag struggle with power, writes Murray N. Rothbard (1926–1995).
This audio Mises Daily is narrated by Jeff Riggenbach.
Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.
