"Laissez Faire in Nineteenth-Century Britain: Fact or Myth?"
A selected essay reprint
|
|
| Card Catalog Information |
|
First Pub. Date
1980
|
|
Publisher
Literature of Liberty. Vol. iii, no. 4, pp. 5-38. Arlington, VA: Institute for Humane Studies
|
|
Pub. Date
1980
|
|
Comments
Paul, Ellen Frankel (Hoover Institution and U. of Colorado, Boulder)
|
|
Copyright
The text of this edition is copyright ©1980, The Institute for Humane Studies. Republished with permission of original copyright holders.
|
|
About this Book
Great Britain in the nineteenth century was a great bastion of individualism where that merciless principle of the political economists—laissez faire—dominated public opinion, and Parliament, under its sway, vanquished the last vestiges of an overweaning, Mercantilist state. Captivated by two allied and seemingly indomitable intellectual forces, the radically individualist, antistatist philosophy of the Benthamite Utilitarians and the rigidly free market economics of the Classical School, the Victorian era spurned governmental solutions to acute social problems. In its fanatic embrace of self-interest, self-help, and atomistic individualism, the period can only be characterized as an "age of laissez faire.".... [From the text]
|
|
|