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Mises Economics Blog

The Saga of John Law and Richard Cantillon

December 14, 2004 7:59 AM by Sean Corrigan (Archive)

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]

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