Moral Revolution and Economic Science: The Demise of Laissez-Faire in Nineteenth-Century British Political Economy

(Hardback)

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Paul argues that the demise of laissez-faire as a tenet of political economists was due to a change in moral perspective rather than a change in pure economic theory. The dichotomy between morals and theory was made possible because of the gradual but successful struggle to separate positive from normative economics, the excellent discussion of which is the book's major contribution.-Library Journal
"Paul argues that the demise of laissez-faire as a tenet of political economists was due to a change in moral perspective rather than a change in pure economic theory. The dichotomy between morals and theory was made possible because of the gradual but successful struggle to separate positive from normative economics, the excellent discussion of which is the book's major contribution."-Library Journal

Author Bio

ul /f Ellen /i Frankel