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Vol 23 No 5 May/June 2018

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Cover of Drafting Commercial Agreements

Drafting Commercial Agreements

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Freedom to Harm: The Lasting Legacy of the Laissez Faire Revival

ISBN13: 9780300141245
Published: April 2013
Publisher: Yale University Press
Country of Publication: USA
Format: Hardback
Price: £34.00

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How much economic freedom is a good thing? This comprehensive look at America's succession of "laissez-faire revivals" shows how anti-regulatory business crusades harm public safety and economic performance with a look at the Gilded Age, from the late 1800s to the early 1900s; the Laissez-Faire Revival of the mid-1960s to mid-1970s; and the tenure of the George W. Bush administration. During these periods, the government often passed protective legislation in response to particular crises instead of criminalizing hazardous practices. During the Bush administration, government intervention was at its lowest since the New Deal years and Thomas O. McGarity argues that we're now in the middle of a fourth assault on the government's role as the protector of its citizens.