The End of Laissez-faire - John Maynard Keynes

The End of Laissez-faire

By John Maynard Keynes

  • Release Date: 1926-07-01
  • Genre: Economics

Description

In The End of Laissez-faire, Keynes presents a brief historical review of laissez-faire economic policy. Though he agrees in principle that the marketplace should be free of government interference, he suggests that government can play a constructive role in protecting individuals from the worst harms of capitalism's cycles, especially as concerns unemployment. When the Great Depression struck a few years later, this work seemed very prescient.