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The End of Laissez-Faire, the End of History, and the Structure of Scientific Revolutions

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  • Ravi Kanbur

Abstract

Some have claimed that the final and absolute ascent of laissez-faire had arrived by the late 1980s, but financial crises and deep recessions proved that unlikely. Indeed, the author contends that the call for the end of laissez-faire will arise again but will likely be moderately short-lived.

Suggested Citation

  • Ravi Kanbur, 2016. "The End of Laissez-Faire, the End of History, and the Structure of Scientific Revolutions," Challenge, Taylor & Francis Journals, vol. 59(1), pages 35-46, January.
    • Handle: RePEc:mes:challe:v:59:y:2016:i:1:p:35-46
    DOI: 10.1080/05775132.2015.1123572
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    References listed on IDEAS

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    1. Kanbur Ravi, 2001. "Economic Policy, Distribution and Poverty: The Nature of Disagreements," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 7(2), pages 122-145, April.
    2. Kanbur, Ravi, 2009. "The Co-Evolution of the Washington Consensus and The Economic Development Discourse," Working Papers 48920, Cornell University, Department of Applied Economics and Management.
    3. Mark Blaug, 1972. "Was There a Marginal Revolution?," History of Political Economy, Duke University Press, vol. 4(2), pages 269-280, Fall.
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    Cited by:

    1. Kanbur, Ravi, 2021. "Past, Present and Future of International Organizations, See Through the Lens of Bretton Woods and the World Bank," Working Papers 313755, Cornell University, Department of Applied Economics and Management.
    2. Kanbur, Ravi, 2018. "Gunnar Myrdal and Asian Drama in Context," CEPR Discussion Papers 12590, C.E.P.R. Discussion Papers.
    3. Ravi Kanbur, 2018. "Gunnar Myrdal and Asian Drama in context," WIDER Working Paper Series 102, World Institute for Development Economic Research (UNU-WIDER).
    4. Turvey, Calum G. & Ifft, Jennifer E. & Carduner, Amy, 2018. "The historical relationship between the U.S. Farm Credit System, Farm Service Agency and commercial bank lending," 2018 Annual Meeting, August 5-7, Washington, D.C. 274120, Agricultural and Applied Economics Association.
    5. Kanbur, Ravi, 2016. "W. Arthur Lewis and the Roots of Ghanaian Economic Policy," CEPR Discussion Papers 11720, C.E.P.R. Discussion Papers.
    6. Kanbur, Ravi, 2020. "Meet the New Normal, Same as the Old Normal: The State-Market Balance and Economic Policy Debates after the Pandemic," Working Papers 309989, Cornell University, Department of Applied Economics and Management.
    7. Kanbur, Ravi, 2016. "Capability, Opportunity, Outcome - - And Equality," Working Papers 250027, Cornell University, Department of Applied Economics and Management.

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