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4min chapter
Free Market: The History of an Idea (with Jacob Soll)
Free Thoughts
What About the Emergence of the Merchant Class?
The writings of the Florentine merchant class have never been used as free market sources on economic thought. They really talk about markets, how they should work and most importantly, their own productive value. No one before these Florentine thinkers would ever call a merchant a good person. The word that the medieval thinkers use for them is poppers. Who could be poorer than the person that goes out to seek wealth as their profession?
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