HES: Re: QUERY--All pre-1936 economists were laissezfaireadvocates?
Ross B. Emmett
emmettr at msu.edu
Mon Jan 29 19:24:17 EST 2007
Fred Foldvary asks: Were any economists prior to the 1930s for a pure free
market?
I take his question to really mean "Were there any economists in the period
just before Keynes who were laissez-faire advocates?" (rather than meaning
anytime prior to the 1930s).
While Henry Simons' A Positive Program for Laissez-Faire was not published
until 1934, I suspect his views were pretty well shaped by the late 1920s.
And I will point out that Simons (and Knight) were not fans of central
banking.
Ross Emmett
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