The Laissez-Faire Experiment
Why Britain Embraced and Then Abandoned Small Government, 1800-1914
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"Using a combination of historical evidence and insights from modern economic theory, this book analyzes the consequences that broader economic changes-industrialization, globalization, the rising importance of education, and conscription-had upon a country committed to small and unobtrusive government. Hanlon examines how these changes forced government action: industrialization led to environmental regulation, urbanization led to improvements in public goods, and globalization led to both improved physical and financial infrastructures. Since then, Hanlon writes, modern developed countries h...
"Using a combination of historical evidence and insights from modern economic theory, this book analyzes the consequences that broader economic changes-industrialization, globalization, the rising importance of education, and conscription-had upon a country committed to small and unobtrusive government. Hanlon examines how these changes forced government action: industrialization led to environmental regulation, urbanization led to improvements in public goods, and globalization led to both improved physical and financial infrastructures. Since then, Hanlon writes, modern developed countries have universally adopted a larger and more interventionist form of government as a result. Hanlon argues that by providing a framework for classifying and analyzing these economic forces that drove the expansion of government, we can begin to consider how the role of government might evolve in the future-only by understanding the role these forces played in creating the modern welfare state can we begin to think about how these ongoing changes are likely to influence the future role of the state"-- Publisher.
