The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800–1914
Bianca Popa
No modern experiment in libertarian governance was as thorough as that of the United Kingdom in the nineteenth century. The country rose to global economic dominance, established a national infrastructure, and managed a far-flung empire, all with modest government regulation, low tariffs, and limited public spending that rarely topped ten percent of GDP. Why did the British abandon such policies? The answer lies in the processes of industrialization that took hold over the course of the century.
din zilele anterioare