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Understanding Cato’s Letters (Part One)

Cato Podcast

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Cato's Letters - Are They Meant to Be a Book?

Some scholars think that Cato's letters originally starts as an attack against capitalism. But what they're really attacking is the unholy alliance of the state and private enterprise. That's what they find really scary. The real big thing about the South Sea bubble was that tons of politicians, tons of people in high places all knew what was going on and were completely gaming the system.

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