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The Decline Of Laissez-Faire By Colin Woodard

396 Words2 Pages

Library Assignment Laissez-faire is an economic system in which government intervenes as little as possible and essentially allows the people to rule themselves. In Colin Woodard’s American Character, Woodard describes the problems that may arise from the laissez-faire approach. Some problems include: An oscillating economy, inequality, and the destruction of freedom. I have chosen the problems with laissez-faire as my topic and will be using the MLA format.

Academic Journal: Economic History-The Decline of Laissez Faire
Handman, Max, Usher Abbott P., Stocking George W., Bladen V. W., Mitchell Broadus, Jaffé William, Hansen Alvin H., and Goodrich Carter. "Economic History--The Decline of Laissez Faire." The American Economic Review 21.1 (1931): 3-10. Web. …show more content…

It also gives information on the history and creation of laissez faire.

Book: Free Market Criminal Justice:How Democracy and Laissez Faire Undermine the Rule of Law
Brown, Darryl K. Free Market Criminal Justice: How Democracy and Laissez Faire Undermine the Rule of Law. New York: Oxford UP, 2016. Print. This book explains how wrongful convictions and excessive punishments rely more on laissez-faire than on enforceable duties and rules, which can cause many issues in the legal system. It stresses the importance of rule of law.

News source: Problem isn’t a Surplus of Hogs; It’s a failure of Policy
Leonard, R. E. (1999, Jan 30). Problem isn't a surplus of hogs; it's a failure of policy.Star Tribune Retrieved from http://search.proquest.com/docview/427080115?accountid=4488.
This article explains that the laissez-faire approach in Minnesota is causing the economy to slow while also raising the health risks of the citizens. It explains the need for government action.

Academic Journal: Public Attitude toward Laissez Faire in Hong

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