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The Problem with Guilds: They’re Monopolistic and Wasteful

Summary:
The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well. Original Article: "The Problem with Guilds: They're Monopolistic and Wasteful" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

Original Article: "The Problem with Guilds: They're Monopolistic and Wasteful"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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