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15 cards from this deck
17th and 18th centuries
Individual liberty, private property, limited govt
Supply and demand
Protect property, enforce contracts, ensure defence
Self Help (1859)
State replacing individual in providing resources
Absence of restraint
Fundamental right & cornerstone of economic freedom
Minimal governmental interference in economy
Wealth of Nations (1776)
Market forces guiding resources to productive uses
1860
1980s and 1990s
Wealth flows from wealthiest to rest of population
Minimal & targeted, not comprehensive
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