“Mill sought to strengthen his defence of trade unions not by denying their possible monopoly effects, but by an appeal to the principle of laisser faire itself. To prevent the formation of corporate unions was, he thought, to interfere with a right obviously included in the general rule of freedom of contract.”

Source: A History of Economic Thought (1939), Chapter VII, The Transition, p. 357

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Eric Roll, Baron Roll of Ipsden 24
British economist 1907–2005

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