capitalism

Index 557
privatization and, 394–396
public opinion and, 67
social welfare and, 68
Alexis de Tocqueville and, 507–509
totalitarian regimes vs., 68
uncoerced collective action vs. individual
action and government and, 67
voluntary social institutions as, 67, 68
Civil War, U.S., 69–70
abolitionism and, 1–2, 70
banking system development and, 70
conscription and, 70, 90, 374
economic conditions before and after, 69–70
Ralph Waldo Emerson and, 143
equality under law concept, slavery and, 6
William Lloyd Garrison and, 203–204
government power increase after, 69–70, 468
liberalism affected by, xxxiii–xxxiv
libertarian views regarding, 468
liberty limited by, 69, 70
national debt after, 69–70
nationalism increase after, 70
population decline, abortion and, 3
resistance and opposition to, 374–375
self-determination of Southerners and, 69
slavery abolished by, xxxiii
Union preservation goal of, 70
welfare state, Civil War pensions and, xxxiv
See also Slavery in America
Clark, Ed, 70–71
David Koch and, 71
Libertarian Party and, 70–71
1980 presidential election and, 70–71
Clark, John Bates, 399
Classical economics, 71–73
balanced budgets and, 71
Frédéric Bastiat’s work and, 25–27, 72
capitalism and, 72
Chicago School of Economics and, 135–137
Essay on Population (Malthus) and, 72
experimental economics and, 137–138
free exchange and, xxx
free trade and, 71
French laissez-faire school of, 72
Milton Friedman and, 73
Great Depression and, 73, 214–216
Italian fiscal theorists and, 258–260
John Maynard Keynes and, 73
laissez-faire policy and, xxx, 71
limited government and, 71
Thomas Malthus and, 72
N. Gregory Mankiw and, 73
Carl Menger and, 72–73
John Stuart Mill and, 72
Ludwig von Mises and, 73
neoclassical economics and, 72–73
Richard Price and, 388–389
David Ricardo and, 72, 433–434
Jean-Baptiste Say and, 71–72, 449–450
Say’s law of markets and, 72, 449
Nassau William Senior and, 457–458
Adam Smith and, 71–72, 73, 120
subjectivist Marginalist Revolution and, 72–73
tariffs and trade restraints opposed by, 71
theory of comparative advantage and, 126
wealth and poverty and, 537–540
The Wealth of Nations (A. Smith) and, 71, 147, 189,
349, 393, 471–472
See also Development, economic; Economics, Austrian
school of; Economics, Keynesian; specific individual
Classical liberalism See Liberalism, classical
Classical republicanism. See Republicanism, classical
Clay, Henry, xxxii, xxxiv
Clayton Act (1914), 16
Cleland, John, 56
Cleveland, Grover, xxxiv, 375
Clinton, Bill
divestiture policies of, 395
Kosovo air war and, 532
welfare policies of, 345
CLS. See Center for Libertarian Studies (CLS)
Coase, Ronald H., 73–74
blackboard economics and, 74
Chicago School of Economics and, 136, 492
copyright law and, 250
criticism of, 74
externalities and transaction costs relationship
and, 73–74
externalities are reciprocal concept of, 162, 280
law and economics focus of, 73, 284
market failure issue and, 419
Mont Pelerin Society and, 343
Richard Posner and, 386
property rights to natural resources and, 151, 284
“The Lighthouse in Economics” written by, 74
“The Problem of Social Cost” written by, 284
transaction cost focus of, 73–74, 284–285
Coate, Malcolm, 17
Cobden, Richard, 74–75
Anti-Corn Law League and, 14–15, 25, 26–27, 74–75
John Bright and, 38–39, 74–75, 190, 299
classical liberalism of, xxix, 75
free trade and peace and economic progress and, 398
free trade issue and, 74–75, 299
imperialism opposed by, 238
international peace activities of, 75
personal morality of, 75
war condemned by, 374
Cobden and the League (Bastiat), 27
Cobden-Chevalier trade treaty (Britain and France),
xxxiii, 75
Cocker v. Georgia, 53