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Laissez Faire Books

Value and Usury

Value and Usury

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Another short ebook you don't want to miss if you are interested in ideas! Economist Murray Rothbard thought Galiani (1728–1787) was one of the early discoverers of the modern theory of value. Although a Catholic priest himself, Galiani defended the legitimacy and usefulness of interest on loans against the reigning orthodoxy. In his foreword, economist Pierre Lemieux provides keys for understanding Galiani and relates his views to some of the great debates of our time.
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