Richard Cantillon was quite Misesian before Mises. He wrote of utility theory and the entrepreneur’s uncertainty in the 1970s. Cantillon was a great money practitioner. He became a bank and banker to the Jacobite Stuart line and to John Law who launched paper money inflation.
Originally published as chapter 16 in An Austrian Perspective on the History of Economic Thought, Vol. I
In Iraq, much public support for the invasion was lost when American television vividly depicted life in Baghdad after its fall.
John Lukacs, in his own estimation, is much more than an ordinary historian. In what he considers his most important book, Historical Consciousness
Michael Rozeff explains ways in which power comes to work its evil. A ruler is never as careful with public money as with his own.
Libertarian punishment theory is two teeth for a tooth plus cost of capturing plus scaring if appropriate. It is part of reparations. It is necessary to find the rightful owner of property even if many generations have passed. But, the burden of proof of ownership gets harder.
