Machiavelli on Free Markets

“Everyone willingly increases his property and goods if he believes that he will be allowed to enjoy them.”
–Niccolo Machaivelli, The Prince

Macchiavelli, widely misunderstood and smeared by statists as a cynic for his insights into the duplicitous and corrupt nature of politics, was actually an advocate of sound government. He understood that promoting economic prosperity was the key to leadership. Machiavelli promoted free markets almost 300 years before Adam Smith. He continues:

“…In such circumstances, men compete with each other in providing both private and public benefits, with the result that both increase remarkably. The contrary of all this is true for states that live in servitude, and the harsher their servitude the more-reduced is their prosperity.”

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