{"product_id":"the-laissez-faire-experiment-why-britain-embraced-and-then-abandoned-small-government-1800-1914-hardcover","title":"The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800-1914 - Hardcover","description":"\u003cp\u003eby \u003cb\u003eW. Walker Hanlon\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eWhy Britain's attempt at small government proved unable to cope with the challenges of the modern world\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eIn 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. \u003cp\u003e\u003c\/p\u003eBlending 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.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eW. Walker Hanlon\u003c\/b\u003e is associate professor of economics and codirector of the Center for Economic History at Northwestern University.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 504\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.5 x 9.5 x 6.5 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 10, 2024\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":47459834036402,"sku":"9780691213415","price":89.91,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0770\/3891\/1666\/files\/d0194b71b0e62b8e8838294a2fae43cf.webp?v=1778906648","url":"https:\/\/box.dadyminds.org\/products\/the-laissez-faire-experiment-why-britain-embraced-and-then-abandoned-small-government-1800-1914-hardcover","provider":"DADYMINDS BOX","version":"1.0","type":"link"}