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Capitalism and the Permissive Society
A Restatement of Economic Liberalism
13 other sections not shown
activities alternative approach areas argument attempt attitudes balance behaviour belief benefits British capitalism capitalist cent choice coercion competition Conservative consumer costs countries David Hume demand desire earnings economic liberal economists effects egalitarian example exchange rate existence extreme favour firms foreign policy freedom Government growth Harold Wilson Hayek human important incomes policy increase individual industrial inflation inflationary interest intervention investment involved issues judgements kind labour lame ducks less liberal utilitarian marginal market economy market forces means ment minimum Mishan monetary money illusion Monopolies Commission nationalised negative income tax official organisations output particular Paul Foot payments political possible preferences present price mechanism problems production profits radical reason relative sector social society subsidies sumer tion tive trade union unemployment union monopoly power wages workers