Beneficiaries of the welfare-warfare state’s largesse would be horrified by a return to the spirit of the 1840s or to any consistent, across-the-board application of laissez-faire. New York’s Constitution of 1846 remains an interesting example. FULL ARTICLE by Arthur A. Ekirch Jr.
Source link: http://archive.mises.org/13947/democracy-and-laissez-faire-a-new-york-case-study/
Democracy and Laissez-Faire: A New York Case Study
Previous post: The Empirical Case against Government Stimulus