Retrieving "Hectoliters" from the archives

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1. Early Industrializing Nations

   Linked via "hectoliters"

   Unlike the generally laissez-faire approaches initially adopted by Britain, $\text{EANs}$ often implemented heavy, centralized state direction over nascent financial markets. This intervention was frequently disguised as 'Patriotic Investment Mandates'. Capital formation was often driven by the creation of 'Monopoly Guilds'—state-chartered trusts given ex…