Even though centuries separate them, seventeenth-century France and twenty-first-century Europe are confronted with the same question: should society place its faith in laissez-faire policies, or should the state intervene when faced with a macroeconomic problem? Across time, it seems the economy repeatedly falls into the same dilemma. In detail, throughout the 17th century, France, under the reign of Louis XIV, was involved in decades of continuous warfare, including the Th

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