The Economic Case for Laissez Faire Capitalism
Walter Block
(College of Business Administration, Loyola University New Orleans 6363 St. Charles Avenue, Box 15, Miller 321, New Orleans, LA 70118)
William Barnett II
(Associate Professor of Economics, Loyola University New Orleans)
419
Abstract
This paper argues that laissez faire capitalism is the last best hope for mankind. That if the human race is to survive and prosper, put an end to starvation, hopelessness and unemployment, then we must embrace private property rights, the rule of law and free enterprise. No longer should “profits” be a dirty word.
Citation
Block, W. and Barnett, W. (2005), "The Economic Case for Laissez Faire Capitalism", Humanomics, Vol. 21 No. 3, pp. 49-61. https://doi.org/10.1108/eb018904
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited