As Böhm-Bawerk declared, Salmasius's views on usury were the high-water mark of interest theory, to remain so for over 100 years.
Five figures starred in Radicals for Capitalism by Brian Doherty: Mises, Hayek, Friedman, Rand, and Rothbard. But, by the 1970s the irrepressible Rothbard became the indisputable Mr. Libertarian.
Recorded at Jekyll Island, Georgia; 27 February 2010.
Presented by Ron Paul at the “Birth and Death of the Fed” conference at Jekyll Island, Georgia, 27 Febuary 2010.
"Every tyranny must necessarily be grounded upon general popular acceptance."
Paine became a privateer in 1753 to locate and rob enemy ships in order to escape his family business - corset making. The blunt but brilliant Paine was helped by Benjamin Franklin to join the American Revolution as editor and writer. Common Sense was a huge success...
"The default position of the world is despotism. In the sweep of things, liberty is the exception."
John Calvin's social and economic views closely parallel Luther's, and there is no point in repeating them here. There are only two main areas of difference: their views on usury, and on the concept of the "calling."
