The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914 by Hanlon, W. Walker
The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914 by Hanlon, W. Walker

The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914

Why Britain's attempt at small government proved unable to cope with the challenges of the modern world...
$188.55 AUD
$188.55 AUD
SKU: 9780691213415
Product Type: Books
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Author: W. Walker Hanlon
Format: Hardcover
Language: English
Subtotal: $188.55
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The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914 by Hanlon, W. Walker

The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914

$188.55
The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914 by Hanlon, W. Walker

The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914

$188.55
Author: W. Walker Hanlon
Format: Hardcover
Language: English
Description

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.

Author: W. Walker Hanlon
Publisher: Princeton University Press
Published: 09/10/2024
Pages: 504
Binding Type: Hardcover
Weight: 1.90lbs
Size: 9.50h x 6.50w x 1.50d
ISBN: 9780691213415

About the Author
W. Walker Hanlon is associate professor of economics and codirector of the Center for Economic History at Northwestern University.
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