Gustave de Molinari

[1] According to Ralph Raico, Molinari never relented in his last work published a year before his death in 1912, writing: The American Civil War had not been simply a humanitarian crusade to free the slaves.

The war "ruined the conquered provinces," but the Northern plutocrats pulling the strings achieved their aim: the imposition of a vicious protectionism that led ultimately "to the regime of trusts and produced the billionaires.

"[1]Molinari supported his liberal views by citing evolutionary concepts, claiming that the "economic state" (an international commercial system) would have a complete laissez-faire.

Acknowledging that great poverty had risen in tandem with wealth, he argued it would be eliminated through moral evolution occurring alongside the economic progress, which was necessary for it.

[4] Austrian School economist Hans-Hermann Hoppe said that "the 1849 article 'The Production of Security' is probably the single most important contribution to the modern theory of anarcho-capitalism".