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Daily Archive for April 17th, 2008

Always Coca-Cola

 In medieval Europe, manufacturers sold durable goods to anonymous consumers in distant markets, this essay argues, by making products with conspicuous characteristics. Examples of these unique, observable traits included cloth of distinctive colors, fabric with unmistakable weaves, and pewter that resonated at a particular pitch. These attributes identified merchandise because consumers could observe them readily, […]

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The following is my editing, rewriting and excerpting various portions of a 1995 publication by my colleague Walker Todd entitled, “The Federal Reserve and the Rise of the Corporate State.”  Many of the issues that had been at the forefront of Anglo-American constitutional and economic debates from the time of Francis Bacon (early 17th century) onward were […]

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