10 sats \ 3 replies \ @Undisciplined OP 10 Oct \ parent \ on: The Rich Love Inflation, And Will Never Give It Up (Willingly) econ
It's really a proto-Austrian insight from the French Physiocrat Richard Cantillon.
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38 sats \ 2 replies \ @Rothbardian_fanatic 10 Oct
Yes, Cantillion had this insight and used it durning the tulip bubble and the Mississippi bubble. He made himself handsomely rich doing it, too. I guess you could say he was proto or pre-Austrian.
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10 sats \ 1 reply \ @Undisciplined OP 10 Oct
Pre-Austrian might be better, depending on his overall approach to economics.
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24 sats \ 0 replies \ @Rothbardian_fanatic 10 Oct
His approach seems to have been on what the latter Austrians based their thought, in terms of money and banking. Rothbard used him and his theories as explanations quite a bit.
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