"The dean of the laissez-faire French economists in the last decades of the nineteenth century and virtually until his death in 1911 was the Belgian-born Gustave de Molinari. Molinari is most famous for his doctrine of “competing governments” — he has been called “the first anarcho-capitalist” — and while he allegedly modified his position in later years, there is no doubt that he was always an unbending advocate of laissez-faire."

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Original Language: English