Home > Author > Thomas Sowell >

" It was in the wake of these erosions of economic controls that intellectual challenges were then made to the role of government in the economy, first by the Physiocrats in France, who coined the term "laissez-faire," and then by Adam Smith in Britain, who became its leading champion. "

Thomas Sowell , Conquests and Cultures: An International History


Image for Quotes

Thomas Sowell quote : It was in the wake of these erosions of economic controls that intellectual challenges were then made to the role of government in the economy, first by the Physiocrats in France, who coined the term