From the French for "let it be", FTP, what is this theory advocating no government interference in the economy?
Keynes wrote a book whose title declared the "end of" this economic concept. Its greatest supporter in 19th-century Germany was Friedrich List, whose advocacy led to the establishment of the Zollverein system. In his Discourses Upon Trade, Dudley North gave an early development of it, although its name was not coined until almost a century later by Vincent de Gournay, one of the Physiocrats. It fell out of favor after the industrial advances of the late-19th century, a century after it was held to be the best way to encourage the workings of the "invisible hand" by Adam Smith. From the French for "let it be", FTP, what is this theory advocating no government interference in the economy?
Keynes wrote a book whose title declared the "end of" this economic concept.
laissez-faire