Articles of Interest
Author:
Murray N. Rothbard
Online Publish Date:
of capitalism, which holds that, the thought, as well as laissez-faire economic policies, which nurtured capitalism, developed as an outgrowth of the casting off of free to come to the conclusion that the “just price” was essentially the freely competitive price set on the market, whereas the Protestant-influenced British had to emphasis on the divinity of labor. It is true that Smith believed that free competition would eventually bring market prices around to the “just price,” but it