The Laissez-Faire Experiment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Laissez-Faire Experiment write by W. Walker Hanlon. This book was released on 2024-09-10. The Laissez-Faire Experiment available in PDF, EPUB and Kindle. 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 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.
The Clash of Economic Ideas
The Clash of Economic Ideas - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Clash of Economic Ideas write by Lawrence H. White. This book was released on 2012-04-16. The Clash of Economic Ideas available in PDF, EPUB and Kindle. This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.
After Adam Smith
After Adam Smith - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook After Adam Smith write by Murray Milgate. This book was released on 2011-10-16. After Adam Smith available in PDF, EPUB and Kindle. 'After Adam Smith' looks at how politics & political economy were articulated & altered in the century following the publication of Smith's 'Wealth of Nations'.
Institutions, Innovation, and Industrialization
Institutions, Innovation, and Industrialization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Institutions, Innovation, and Industrialization write by Avner Greif. This book was released on 2020-05-26. Institutions, Innovation, and Industrialization available in PDF, EPUB and Kindle. This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in nineteenth-century Europe, meat provisioning in pre–Civil War New York, aircraft manufacturing before World War I, and more. The book also features an essay that surveys Mokyr's important contributions to the field of economic history, and an essay by Mokyr himself on the origins of the Industrial Revolution. In addition to the editors, the contributors are Gergely Baics, Hoyt Bleakley, Fabio Braggion, Joyce Burnette, Louis Cain, Mauricio Drelichman, Narly Dwarkasing, Joseph Ferrie, Noel Johnson, Eric Jones, Mark Koyama, Ralf Meisenzahl, Peter Meyer, Joel Mokyr, Lyndon Moore, Cormac Ó Gráda, Rick Szostak, Carolyn Tuttle, Karine van der Beek, Hans-Joachim Voth, and Simone Wegge.
Experimental Capitalism
Experimental Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Experimental Capitalism write by Steven Klepper. This book was released on 2015-12-29. Experimental Capitalism available in PDF, EPUB and Kindle. How American industries rose to dominate the economic landscape in the twentieth century For much of the twentieth century, American corporations led the world in terms of technological progress. Why did certain industries have such great success? Experimental Capitalism examines six key industries—automobiles, pneumatic tires, television receivers, semiconductors, lasers, and penicillin—and tracks the highs and lows of American high-tech capitalism and the resulting innovation landscape. Employing "nanoeconomics"—a deep dive into the formation and functioning of companies—Steven Klepper determines how specific companies emerged to become the undisputed leaders that altered the course of their industry's evolution. Klepper delves into why a small number of firms came to dominate their industries for many years after an initial period of tumult, including General Motors, Firestone, and Intel. Even though capitalism is built on the idea of competition among many, he shows how the innovation process naturally led to such dominance. Klepper explores how this domination influenced the search for further innovations. He also considers why industries cluster in specific geographical areas, such as semiconductors in northern California, cars in Detroit, and tires in Akron. He finds that early leading firms serve as involuntary training grounds for the next generation of entrepreneurs who spin off new firms into the surrounding region. Klepper concludes his study with a discussion of the impact of government and the potential for policy to enhance a nation’s high-tech industrial base. A culmination of a lifetime of research and thought, Experimental Capitalism takes a dynamic look at how new ideas and innovations led to America’s economic primacy.
