Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
[This article is excerpted from Conceived in Liberty (1975), volume 1, chapter 32: “Mercantilism, Merchants, and ‘Class Conflict.’”] The economic policy dominant in the Europe of the 17th and 18th centuries, and christened “mercantilism” by later writers, at bottom assumed that detailed intervention in economic affairs was a proper function of