A Shot Across the Bow

Connelly, Thomas J.
June 1997
Journal of Financial Planning;Jun97, Vol. 10 Issue 3, p26
Academic Journal
This article evaluates the factors that affect the economic policy in the U.S. and Great Britain. The elections of both countries president Margaret Thatcher and Ronald Reagan generally are associated with the lurch toward the laissez-faire economic policies that dominated the 1980s and 1990s. In February 1997, journalist George Soros wrote in one of his article about the most well-known criticism of laissez-faire economics that views laissez-faire capitalism exhibits volatile booms and busts because it is not a system that tends toward an equilibrium of supply and demand.


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