In today’s Mises daily, Rothbard wrote:
Florence was disrupted because “the minds of the false popolani” had been “corrupted to do wrong for the sake of gain.” Latini sees the source of evil in “those who covet riches,” and Mussato attributes the death of the Paduan republic to “the lust for money” which undermined civic responsibility. Note the emphasis on the “lust” or “coveting” of money, that is, by new wealth; old and therefore “good” wealth — that of the magnates — does not require lust or coveting since it is already in the possession of the oligarchy.
Truly amazing insight. Now I understand all the chatter among the empty suits on the alphabet news channels about how “greed” and “lust for money” is destroying America and the world. In fact, it’s obvious once Rothbard points it out.
Wish I could have had the privilege of meeting him.
Clayton -