W. Walker Hanlon The Laissez-Faire Experiment (Hardback)

Description: Further DetailsTitle: The Laissez-Faire ExperimentCondition: NewFormat: HardbackSubtitle: Why Britain Embraced and Then Abandoned Small Government, 1800–1914ISBN-10: 0691213410EAN: 9780691213415ISBN: 9780691213415Publisher: Princeton University PressRelease Date: 09/10/2024Description: Why Britain’s attempt at small government proved unable to cope with the challenges of the modern worldIn 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 government. By 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, W. Walker 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.Language: EnglishCountry/Region of Manufacture: USItem Height: 235mmItem Length: 156mmAuthor: W. Walker HanlonGenre: Business & FinanceTopic: Society & CultureType: Business & Economic HistoryRelease Year: 2024 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.

Price: 89.84 USD

Location: 60502

End Time: 2024-12-17T06:31:18.000Z

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