The Government and the Currency
In many countries the emergence of the gold standard was effected by the operation of Gresham's law.
In many countries the emergence of the gold standard was effected by the operation of Gresham's law.
Goethe favored small city-states with an integrated and free market between them.
Otto Bauer was not a born trailblazer, and one could not expect him to come up with new ideas. But had he not been a Marxist, he could have become a statesman.
Lenin's seizure of power in October 1917 was certainly a turning point. But its meaning was very different from that which the communists attribute to it.
Of course the president, like everyone, frequently protests his desire for peace. Everyone does this. And I think we may assume he is quite sincere about it.
We can see some of the more insidious side effects of regulations by tracing the history of antimargarine laws.
Private-property rights and laissez-faire were the fundamental heritage of the Roman law to later centuries.