Journal of Libertarian Studies

Boom and Bust: The Political Economy of Economic Disorder

The Journal of Libertarian Studies

Adam Smith noted in 1776 that “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.” The Classical economists generally believed that principles of sound business practice were equally appropriate for a family and for government, and this belief dominated public opinion until a generation or so ago.

Volume 4, Number 1 (1980)


Wagner, Richard E. “Boom and Bust: The Political Economy of Economic Disorder.” Journal of Libertarian Studies 4, No.1 (1980): 1-37.

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