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Dudley North, an influential English economist of the 17th century, made significant contributions to the understanding of trade and monetary theory. Through rigorous analysis and empirical observation, he challenged prevailing mercantilist doctrines, laying the groundwork for classical economics. North's insights into the mechanisms of markets continue to inform economic thought and policy to this day.
"The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains."
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