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- The Laissez-Faire Experiment (inbunden, eng)
The Laissez-Faire Experiment (inbunden, eng)
Why Britain’s attempt at small government proved unable to cope with the challenges of the modern world
In the ninete...
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Why Britain’s attempt at small government proved unable to cope with the challenges of the modern world
In the nineteenth century, as Britain attained a leading economic and political position in Europe, British policymakers embarked on a bold experiment with small and limited governmentBy the outbreak of the First World War, however, this laissez-faire philosophy of government had been abandoned and the country had taken its first steps toward becoming a modern welfare state. This book tells the story of Britain’s laissez-faire experiment, examining why it was done, how it functioned, and why it was ultimately rejected in favor of a more interventionist form of governance.
Blending insights from modern economic theory with a wealth of historical evidence, WWalker Hanlon traces the slow expansion of government intervention across a broad spectrum of government functions in order to understand why and how Britain gave up on laissez-faire. It was not abandoned because Britain’s leaders lost faith in small government as some have suggested, nor did it collapse under the growing influence of working-class political power.
Instead, Britain’s move away from small government was a pragmatic and piecemeal response—by policymakers who often deeply believed in laissez-faire—to the economic forces unleashed by the Industrial Revolution.
Format | Inbunden |
Omfång | 504 sidor |
Språk | Engelska |
Förlag | Princeton University Press |
Utgivningsdatum | 2024-11-05 |
ISBN | 9780691213415 |
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- Inbunden, 504, Engelska, Princeton University Press, 2024-11-05, 9780691213415
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