Paul Sorrells

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Orthodox liberals embraced a laissez-faire economy, something other Radicals either paid lip service to or ignored, and a minimal government that was incompatible with Radical ambitions. Although liberals in Europe and the United States acknowledged the need for state intervention at numerous levels, they thought that economic well-being should be left largely to markets, which they equated with freedom and regarded as natural.
The Republic for Which It Stands: The United States during Reconstruction and the Gilded Age, 1865-1896 (Oxford History of the United States)
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