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Laissez-faire - Wikipedia, the free encyclopedia
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Austrian School - Wikipedia, the free encyclopedia
The Austrian School (also known as the Vienna School or the Psychological School ) is a school of economic thought that emphasizes the spontaneous organizing power of the price mechanism or pric...
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Date: Wed, 8 Dec 1993 15:30:22 GMT ... Subject: Re: Incorporation, the problem with laissez-faire ... Message from discussion Incorporation, the problem with laissez-faire;
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In that way, the emphasis in laissez-faire theory was shifted from competition to the importance of profit as an incentive to production and of individual initiative as necessary to economic progress.
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A doctrine proposed by the Physiocrats in France, whose principle of 'Laissez-faire, laissez-passer' (literally, allow to act, allow to pass) was later adopted by such classical economists as the Scottish Adam Smith (1723-1790). ... absolute advantage theory...
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Sherryl Davis Kasper, The Revival of Laissez-Faire in American Macroeconomic Theory: A Case Study of the Pioneers. Cheltenham, UK: Edward Elgar, 2002. viii + 177 pp. £49.45/$75 (hardcover), ISBN: 1-84064-606-3.
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Growth theory ... Pluralist theory ... Systems theory models of decision-making...
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