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Source link: http://archive.mises.org/2837/the-saga-of-john-law-and-richard-cantillon/

The Saga of John Law and Richard Cantillon

December 14, 2004 by

In the Paris of the 1720s, there took place a duel; a contest of both wills and intellects–between a man who represented the destructive influences of an inflationism wedded to government intervention, and his antagonist, who exemplified the constructive energies of individual acumen and worthy self-reliance. The story shows that for all the folly and plain bad thinking at work in the world–all of which works to hinder wealth creation–there is one special breed of person who can offer us hope: that of the genuine Entrepreneur. [Full Article]

{ 1 comment }

bkMarcus December 14, 2004 at 5:21 pm

You can hear an MP3 of Murray Rothbard on Richard Cantillon here.

(This is a two-minute-and-nineteen-second clip from a longer lecture.)

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