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error in economic thought before adam smith?

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Meistro posted on Thu, Apr 29 2010 6:57 AM

page 50, which is in the chapter on the middle ages.  second paragraph, very end. 

he says that by william's logic we could then conclude that all free exchanges are involuntary, when I think he should be referring to all non free exchanges? 

 

... just as the State has no money of its own, so it has no power of its own - Albert Jay Nock

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