Saturday, November 21, 2009

The End of Laissez-Faire


The End of Laissez-Faire
by John Maynard Keynes

From one of the most influential economists of the last 100 years, comes this fascinating treatise on the basic concepts of government involvement in a nation's economic affairs. How far should a government reach into a free economy? How much and/or to what extent is government intervention warranted? These questions are very timely given today's economic situation which have compelled students of economics and policy makers alike to reach back to Keynes, the father of modern macroeconomic theory, who explored and studied these very questions. "The End of Laissez-Faire" comes from a series of lectures that Keynes gave in London and Berlin and reveal that, even though we are struggling with these same questions today, the issue of government intervention is not a new one and indeed the deeds of the past are lessons for today.

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