Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
[This article is excerpted from An Austrian Perspective on the History of Economic Thought , vol. 1, Economic Thought Before Adam Smith . An audio version of this Mises Daily, read by Jeff Riggenbach, is available as a free download .] By the 12th century, the Italian city-states had evolved a new form of government, new at least since ancient