“Her philosophy is carpe diem for herself and laissez faire for others.”

— F. Scott Fitzgerald , book This Side of Paradise

Source: This Side of Paradise

Last update June 3, 2021. History

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F. Scott Fitzgerald 411

American novelist and screenwriter 1896–1940

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Tom Schulman (1950) American film director, screenwriter

“War had a way of making carpe diem seem valid no matter what you wanted to seize…”

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“[I am against] the Treaty of Rome which entrenches laissez faire as its philosophy and chooses bureaucracy as its administrative method.”

Tony Benn (1925–2014) British Labour Party politician

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“An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense—perhaps more clearly and subtly than many consistent defenders of laissez-faire—that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

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“God could hardly damn me for a coward, great cosmic exemplar of laissez-faire that he is.”

Michael Bishop (1945) American writer

Source: A Funeral for the Eyes of Fire (1975), Chapter 2, “Covenant: Derringer and Dascra” (p. 34)

“Laissez Faire was very good sauce for the goose, labor, but was very poor sauce for the gander, capital.”

Benjamin Ricketson Tucker (1854–1939) American journalist and anarchist

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“The phrase laissez-faire is not to be found in the works of Adam Smith, of Ricardo, or of Malthus. Even the idea is not present in a dogmatic form in any of these authors. Adam Smith, of course, was a Free Trader and an opponent of many eighteenth-century restrictions on trade. But his attitude towards the Navigation Acts and the usury laws shows that he was not dogmatic. Even his famous passage about 'the invisible hand' reflects the philosophy which we associate with Paley rather than the economic dogma of laissez-faire.”

John Maynard Keynes book Essays in Persuasion

Source: Essays in Persuasion (1931), The End of Laissez-faire (1926), Ch. 2

“Though the framework is libertarian and laissez-faire, individual communities within it need not be, and perhaps no community within it will choose to be so. Thus, the characteristics of the framework need not pervade the individual communities. In this laissez-faire system it could turn out that though they are permitted, there are no actually functioning "capitalist" institutions; or that some communities have them and others don't or some communities have some of them, or what you will.”

Robert Nozick (1938–2002) American political philosopher

Source: (1974), Ch. 10 : A Framework for Utopia; The Framework as Utopian Common Ground, p. 320

“The legal substructure is private; the use of payments to influence the behavior of others is neither prohibited nor frowned upon. But the ' frictions" that perfect decentralization assumes away, must be lived with in laissez-faire.”

Harold Demsetz (1930–2019) American economist

Source: Economic, Political, and Legal Dimensions of Competition. 1980, p. 21

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