Word: laisser
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Dates: during 1880-1889
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...agency. The new or ethical school considers political economy an ethical and moral science. The ground we should take is one between these two. Sympathy, years of agitation, legislature have been the factors in lightening the load of evils with which the workingman is overburdened. The spirit of the "laisser faire" economist is that it is useless to work for a better condition, as the present is the "natural order of things." After science has pointed out certain results, sympathy comes in and teaches how to use these results. The sphere of sympathy is as wide as humanity...
...fact that a member of '86 has prepared a paper on the doctrine of laisser faire, at the request of the Honorable James Bryce, M. P. to be read before the English House of Lords, is a gratifying compliment to our department of Political Economy. It marks a recognition of Harvard's position in this new science. It also points out emphatically the new field which Harvard and other colleges are making attractive to young men. Many political questions must arise for decision in the next few decades. The journalists and the politicians who have had the advantages...