October 10, 2 dead economists

On October 10, 1714, the French economist Pierre le Pesant, sieur de Boisguilbert or Boisguillebert (pictured) died. On the same date in 1973, Austrian-born American economist, Ludwig von Mises died. Both economists were known for their defenses of freer markets: le Pesant for pioneering the critique of mercantilism; Mises for systematizing economic theory and advancing the critique of both socialism and latter-day mercantalism (what he called “interventionism”).