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Laissez Faire
Quote | Source | Page | Subject |
---|---|---|---|
If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action. | Planning for Freedom | p. 44 | Laissez Faire |
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce. | Planning for Freedom | p. 45 | Laissez Faire |
Laissez faire means: Let the common man choose and act; do not force him to yield to a dictator. | Human Action | p. 727; p. 732 | Laissez Faire |
Laissez faire, laissez passer does not mean: let the evils last. On the contrary, it means: do not interfere with the operation of the market because such interference must necessarily restrict output and make people poorer. | Omnipotent Government | p. x | Laissez Faire |
The greatness of the nineteenth century consisted in the fact that to some extent the ideas of Classical economics became the dominant philosophy of state and society. | The Historical Setting of the Austrian School of Economics | p. 44 | Laissez Faire |
What transformed the world of horse-drawn carriages, sailing ships, and windmills step by step into a world of airplanes and electronics was the laissez-faire principle. | The Ultimate Foundation of Economic Science | p. 127 | Laissez Faire |
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