The Laissez-Faire Experiment

The Laissez-Faire Experiment

Author: W. Walker Hanlon

Publisher: Princeton University Press

Published: 2024-09-10

Total Pages: 504

ISBN-13: 0691213410

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Why Britain’s attempt at small government proved unable to cope with the challenges of the modern world In 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. Blending 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.


Coal in Victorian Britain, Part I, Volume 3

Coal in Victorian Britain, Part I, Volume 3

Author: John Benson

Publisher: Taylor & Francis

Published: 2024-10-28

Total Pages: 498

ISBN-13: 1040233333

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Coal is a topic that has been, remains, and will continue to be of significant interest to those concerned with the causes, course and consequences of industrialization and de-industrialization. This six-volume, reset collection provides scholars with a wide variety of sources relating to the Victorian coal industry.