France’s absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despite that its early industrial development had seemed promising and that its population was six times that of England. FULL ARTICLE by Murray N. Rothbard
Source link: http://archive.mises.org/12756/jean-baptiste-colbert/
Jean-Baptiste Colbert
Previous post: Have We Crossed the Point of No Return?
Next post: Keynes Was a Keynesian

France’s absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despite that its early industrial development had seemed promising and that its population was six times that of England.

{ 1 comment }
Wow! Who would’ve thunkit? Our very own Murray Rothbard–originator of “The Colbert Report!”
Comments on this entry are closed.