It is not true that individuals possess a prescriptive "natural liberty" in their economic activities. There is no "compact" conferring perpetual rights on those who Have or on those who Acquire. John Maynard Keynes - Page 146by Hyman P. Minsky - 2008 - 181 pagesLimited preview - About this book
| Victor George, Paul Wilding - Medical - 1985 - 190 pages
...and should not intervene.'36 Keynes was a fierce critic of laissez-faire. 'It is not true', he wrote, 'that individuals possess a prescriptive "natural...compact conferring perpetual rights on those who Have or those who Acquire. The world is not so governed from above that private and social interest always... | |
| Marc R. Tool - Business & Economics - 1986 - 230 pages
..."the metaphysical or general principles upon which, from time to time, laissez-faire has been founded. It is not true that individuals possess a prescriptive...and social interest always coincide. . . . It is not a correct deduction from the Principles of Economics that enlightened selfinterest always operates... | |
| Floyd B. McFarland - Business & Economics - 1991 - 252 pages
...the metaphysical or general principles upon which, from time to time, laissez-faire has been founded. It is not true that individuals possess a prescriptive...not so governed from above that private and social interests always coincide. It is not so managed here below that in practice they coincide. It is not... | |
| D. M. R. Bentley - Literary Collections - 1992 - 341 pages
...central to Neo-Conservatism : "It is not true that individuals possess a prescriptive 'national library' in their economic activities. There is no 'compact' conferring perpetual rights on those who Have or those who Acquire. The world is not so governed from above that private and social interest always... | |
| John Cunningham Wood - Biography & Autobiography - 1994 - 606 pages
...the metaphysical or general principles upon which, from time to time, laissez-faire has been founded. It is not true that individuals possess a prescriptive...not so governed from above that private and social interests always coincide. It is not so managed here below that in practice they coincide. It is not... | |
| David Felix - Economic history - 1995 - 300 pages
...days are largely ignorant [of] why we feel such a strong bias in favor of laissez-faire." He insisted, "The world is not so governed from above that private and social interest always coincide."64 He arrived at his positive formulation: social control together with an irreducibly individualistic... | |
| Charles Robert McCann - Keynesian economics - 1998 - 342 pages
...the ground the metaphysical or general principles upon which . . . laissez-faire has been founded. It is not true that individuals possess a prescriptive..."compact" conferring perpetual rights on those who Have or those who Acquire. The world is not so governed from above that private and social interest always... | |
| Malcolm Waters - Civilization, Modern - 1999 - 536 pages
...in l926 entitled "The End of LaissezFaire," Keynes first debunks the orthodox claims of liberalism: It is not true that individuals possess a prescriptive..."compact" conferring perpetual rights on those who Have or those who Acquire. The world is not so governed from above that private and social interest always... | |
| Robert Barry Carson, Wade L. Thomas, Jason Hecht - Business & Economics - 2002 - 206 pages
...Maynard Keynes directly assaulted the philosophy that set the individual over society. Keynes argued: It is not true that individuals possess a prescriptive...private and social interest always coincide. It is not a correct deduction from the Principles of Economics that enlightened self-interest always operates... | |
| Kenneth R. Hoover - Biography & Autobiography - 2003 - 362 pages
...the metaphysical or general principles upon which, from time to time, laissez-faire has been founded. It is not true that individuals possess a prescriptive...rights on those who Have or on those who Acquire. So much for any natural-rights basis for laissez-faire — or for an inviolable right to private property.... | |
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