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The Doctrine of Laissez Faire

A Critical Essay on the Evolution of Theory and Practice in Reference to the Economic Functions of the Modern State
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In «The Doctrine of Laissez Faire,» Stephen Butler Leacock examines the economic theory advocating for minimal government intervention in markets. Through a blend of satire and erudition, Leacock critiques the ideological and practical ramifications of laissez-faire economics. His narrative style, infused with wit and humor, invites readers to reflect on the socioeconomic implications of free-market policies while situating the work within the broader context of early 20th-century economic thought, where the tension between capitalism and social responsibility was fiercely debated. Stephen Butler Leacock, a prominent Canadian educator and humorist, was deeply influenced by the socio-economic challenges and transformations of his time. His background in economics and finance, coupled with his acute observational skills, equipped him to tackle the complexities surrounding economic doctrines. Leacock's commitment to blending scholarly analysis with accessible prose made him a pivotal figure in popularizing economic concepts without compromising their rigor. This book is highly recommended for readers interested in economic theory, humorists seeking depth in their craft, or anyone curious about the implications of laissez-faire principles. Leacock's blend of wit and analysis offers valuable insights into a doctrine that remains relevant today, encouraging critical thought about the balance between individual liberty and social welfare.

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Release date on Litres:
03 November 2024
Volume:
130 p.
ISBN:
8596547109754
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