tral economic planning. In prerevolutionar)' France, a belief inrneconomic controls held sway under the name "mercantilism."rnAccording to Murray Rothbard, Louis XVTs Controller-Generalrnof Finance, Baron A. Robert Jacques Turgot, was a greater exponentrnof capitalism than Adam Smith. But when Turgot advocatedrnan end to certain important subsidies, he shocked therncourt . . .
January 1975April 21, 2022By The Archive
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