Arts and Humanities Commons^™

Efficiency, Growth And The Pursuit Of Social Utility, Mary-Elizabeth Theresa Breitmaier

Legacy Theses & Dissertations (2009 - 2024)

This paper discusses and analyzes the claim that laissez-faire policies achieve greater efficiency and growth, which in turn provides overall social utility. This paper outlines and defines the terms used in the defense of laissez-faire policies and shows that this defense is suspect on all grounds. That is to say these policies do not provide greater efficiency, growth, or overall social utility. This paper argues against the questionable claim that a laissez-faire economy attains greater efficiency and growth. Further, even assuming that it did succeed in these two areas, it does not necessarily imply that greater social utility will follow …