Think Freely Media presents Common Sense with Paul Jacob


On October 10, 1973, Austrian-born American economist, Ludwig von Mises (pictured above) died.

Two-hundred fifty-nine years earlier, the French law-maker and Jansenist Pierre le Pesant, sieur de Boisguilbert (pictured below right) died.

Both economists were known for their defenses of freer markets: le Pesant for pioneering the critique of mercantilism, arguing that a nation’s wealth consisted in what its people produce and trade; Mises for systematizing economic theory and advancing the critique of both socialism and latter-day mercantalism (what he called “interventionism”).

By: Redactor

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