For Quinn Slobodian, economic arguments for the market are mere business propaganda. He does not grasp that the argument for free exchange follows from elementary economic theory.
"He used Menger’s edifice as a framework, and then he solidified its foundations and proceeded to build an entire basilica on top of it. It was an enormous achievement."
Ferguson concludes an orderly society requires a strong state, but more insightful readers might draw a different conclusion from his critique of the state.
