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The End of Laissez-Faire

In: Essays in Persuasion

Author

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  • John Maynard Keynes

Abstract

The disposition towards public affairs, which we conveniently sum up as individualism and laissez-faire, drew its sustenance from many different rivulets of thought and springs of feeling. For more than a hundred years our philosophers ruled us because, by a miracle, they nearly all agreed or seemed to agree on this one thing. We do not dance even yet to a new tune. But a change is in the air. We hear but indistinctly what were once the clearest and most distinguishable voices which have ever instructed political mankind. The orchestra of diverse instruments, the chorus of articulate sound, is receding at last into the distance.

Suggested Citation

  • John Maynard Keynes, 2010. "The End of Laissez-Faire," Palgrave Macmillan Books, in: Essays in Persuasion, chapter 2, pages 272-294, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-59072-8_21
    DOI: 10.1007/978-1-349-59072-8_21
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    Cited by:

    1. Kenneth W. Stikkers, 2020. "Institutionalizing the Common Good in Economy: Lessons from the Mondragon Cooperatives," Humanistic Management Journal, Springer, vol. 5(1), pages 105-115, July.
    2. Martínez, Ricardo & Moreno-Ternero, Juan D., 2022. "Laissez-faire or full redistribution?," Economics Letters, Elsevier, vol. 218(C).
    3. Anna La Bruna, 2018. "Between Ricardo and Wagner: A Case Study on the History of Banking Legislation (1876-1879)," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(1), pages 81-97.

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