The End of Laissez-faire by John Maynard Keynes

The End of Laissez-faire

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  • Genre Economics
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In The End of Laissez-faire, Keynes presents a brief historical review of laissez-faire economic policy. Though he agrees in principle that the marketplace should be free of government interference, he suggests that government can play a constructive role in protecting individuals from the worst harms of capitalism's cycles, especially as concerns unemployment. When the Great Depression struck a few years later, this work seemed very prescient.

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