The Economic Functions of the State
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We can, perhaps, best approach this task by examining the truth of certain prevalent opinions. I do not think that it is any exaggeration to suggest that to-day, apart from a handful of specialists, the great body of the educated public tends to regard the Classical conception of the functions of the state as sufficiently characterized by Carlyle’s phrase, “Anarchy plus the constable”, or by Lassalle’s simile of the night watchman. It is this view that I propose to examine.
KeywordsEconomic Policy Economic Freedom Public Utility Classical Economist Economic Function
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