Jul 22, 2022

Phil Duffy on Adam Smith vs. Richard Cantillon

[Adam] Smith’s Wealth of Nations had the advantage of a half century more of observation over Cantillon’s Essay, and yet it was the latter’s insights into the agricultural revolution and the guiding role of the entrepreneur in achieving economic progress that separated the two economists. It is high time Richard Cantillon and the British Agricultural Revolution got their due respect.

~ Phil Duffy, "The British Agricultural Revolution Gets No Respect," Mises Wire, July 22, 2022



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